Sonora, Inc. is launching a new product that it estimates will sell for $35 per unit Annual demand is estimated to be 74,000 units, Sonora estimates that using its current manufacturing technology. It can manufacture the units for $25 per unit, but if it purchases a new machine, the units can be manufactured for $24 per unit. Sonora has a target profit of 20% return on sales. Under target costing, what is the target cost for the new product? Multiple Choice $24 528 525 $35