Tasman ltd manufactures netballs, which are sold directly to retailers. The company's product range includes several netballs, which vary in terms quality and price. Following representations from the marketing departments, consideration is being given to producing a premium quality netballs which would satisfy the requirements of "A-league" netball competitions. The department believes that a premium netball would sell for approximately $110. It is expected that the premium would have the following cost : Direct material : $25 Direct labour : 30 Manufacturing overhead : 45 Total cost : $100 Required: A) assume that tasman ltd uses cost plus pricing and has a general policy of setting selling price 25 per cent above its costs. 1) what would he the price charged for the premium quality netball 2) under what circumstances might tasman ltd consider manufacturing the premium netball under this approach ? B) assume that the tasman ltd uses target costing. What is the price that it would charge the retailers for the premium netball? C) what is the highest acceptable manufauring cost tasman wouls be willing to incur to produce the premium netball if it desired a profit of $25 per unit