Tech Innovators Inc. produces electronic gadgets and anticipates an annual volume of 5,000 units. The company has invested $5,000,000 in its production facilities and expects an ROI of 20%. The budgeted costs for the coming year are as follows:

Cost Item	Per Unit ($)	Total ($)
Direct Materials	30	150,000
Direct Labor	50	250,000
Variable Overhead	10	50,000
Fixed Overhead	-	1,000,000
Variable Selling & Admin Expenses	5	25,000
Fixed Selling & Admin Expenses	-	500,000

Required:

1. Calculate the total cost per unit.
2. Determine the desired ROI per unit.
3. Compute the target price per unit.