Sweet Dreams Candy Company is implementing a target costing approach for its latest new product, the Big Glob candy bar. The following information relates to the Big Glob project: Target cost per candy bar $0.37! Expected annual sales (in units) 500,000 Required investment in additional assets $750,000 Desired return on investment 0.15 Price elasticity of demand Variable selling cost per unit Variable manufacturing cost per unit Fixed manufacturing cost per unit $0.07 Fixed selling costs per period $257.500 Using target costing what is the target selling price per bar for the Big Glob? (Round to two decimal places)