Summit Products, Inc. is interested in producing and selling an improved widget Market research indicates that customers would be willing to pay $90 for such a widget and that 50,000 units could be sold each year at this price. The current cost to produce the widget is estimated to be $65. If Summit Products requires a 25% return on sales to undertake production, what is the target cost for the new widget? Select one: a. $67.50 b. $80.00 c. $65.00 d. $81.25 Adelphi Electronics plans to introduce a new game at a price of $60, which is an acceptable price for the local demand after it conducts a market research. If Adelphi desires a 20% markup for profit, what is the target cost for the new game? Select one: a. $50.00 b. $52.00 c. $72.00. d. $48.00