Sunland Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $95. The required investment is $4,060,000. Unit sales are expected to be 348,000 and the minimum required rate of return on all investments is 15%. Compute the target cost per iron. f Round answer to 2 decimal places, 8.3. 52.75.] Target cost $ periron Save for Later Attempts: 0 of 1 used Bramble Corp. wants to produce and sell a new avored water. In order to penetrate the market, the product will have to sell at $3.00 per 12 oz. bottle. The following data has been collected: Projected annual sales 30000 bottles Projected selling and administrative costs $8700 Desired prot $?2000 The target cost per bottle is C $0.29. 0 $1.40. 0 $0.31. 0 $0.60. Save for Later Attempts: 0 of 1 used Waterway Industries has gathered the following information for one model of its hiking boots: Variable manufacturing costs $90000 Variable selling and administrative costs $45000 Fixed manufacturing costs $140000 Fixed selling and administrative costs $130000 Investment $1700000 ROI 40 % Planned production and sales 5000 pairs What is the total cost per pair of boots? O $116 O $46 O $166 O $81 Save for Later Attempts: 0 of 1 used Submit AnswerCoronado Industries has gathered the following information for one model of its hiking boots: Variable manufacturing costs $50000 Variable selling and administrative costs $40000 Fixed manufacturing costs $150000 Fixed selling and administrative costs $120000 Investment $1800000 ROI 42 % Planned production and sales 5000 pairs What is the markup percentage? O 210% O 142% O 378% O 840% Save for Later Attempts: 0 of 1 used Submit AnswerBonita Industries provides financial consulting and sells its own line of financial planners and budgeting products. The company has collected the following data for the next year's budgeted activity for a lead consultant and the supplies clerk. Consultants' wages $90000 Benefits 50000 Related overhead 30000 Clerk's wages $19000 Benefits 3000 Related overhead 22000 Profit margin per hour $20 Profit margin on materials 15 % Total estimated consulting hours 5000 Total estimated material costs $168000 The labor rate per hour for this consultant is O $17.00. O $54.00. O $30.91. O $34.00. Save for Later Attempts: 0 of 1 used Submit