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Sarasota Company plans to sell 4,500 units of a new product at a price of $ 45 per unit. The cost to bring the product

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Sarasota Company plans to sell 4,500 units of a new product at a price of $ 45 per unit. The cost to bring the product to market, including design and development, is $ 155,000. The desired return on investment (RON)is 12% Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI. (Round answer to 2 decimal places, 4.8. 15.25.) Target cost $ per unit

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