Task 3. Retail Price and Profit Target Calculate prices based on cost and profit targets, then select a pricing strategy by following the workplace procedures outlined in points a-c: a) Complete the following table to calculate the retail price per unit for each style of desk if the owner was to achieve 30% profit margin from the wholesale price per unit: Desk 1 Desk 2 Desk 3 Desk 4 Desk 5 Desk 6 Wholesale price per unit (excluding delivery fee from supplier to customer) $250 $250 $250 $350 $300 $280 30% profit margin $75 $75 $75 Sales price per unit if 30% profit margin was applied to wholesale price per unit $250 + 30% = $250 + $75 = $325 b) Complete the following table to calculate the retail price per unit for each style of desk if the owner was to achieve the $80 mark-up from the wholesale price per unit: Desk 1 Desk 2 Desk 3 Desk 4 Desk 5 Desk 6 Wholesale price per unit (1) (excluding delivery fee from supplier to customer) $250 $250 $250 $350 $300 $280 Mark-up $80 Sales price per unit if $80 mark-up is applied to wholesale price per unit $250 +