The company requires a profit of 0.29 of selling price. How much is the target cost per unit?

Question 15 (1 point) A new product is being designed by en engineering teem at Golem Security Severel managers and employees from the cost accounting department and the marketing department are also an the teem to evaluate the product and determine the cast using a target costing methodology An analysis of similar products on the market suggests a price of 5122_00 per unit. The company requires a profit of 0.29 of selling price. How much is the target cost per unit? Your Answer: Answer