Shimada Products Corporation of Japan plans to introduce a new electronic component to the market at a target seling price of $15 per unit. The company is investing $12,960,000 to purchase the equlpment it needs to produce and sell 324000 unis per year its required rate of retum on all investments is 12% Required: Compute the component's target cost per unt Note: Round your answer to 2 decimel places. Shimada Products Corporation of Japan plans to introduce a new electronic component to the market at a target seling price of $15 per unit. The company is investing $12,960,000 to purchase the equlpment it needs to produce and sell 324000 unis per year its required rate of retum on all investments is 12% Required: Compute the component's target cost per unt Note: Round your answer to 2 decimel places