Thompson Industries makes tennis balls. Thompson's only plant can produce up to 6.3 million cans of balls per year. Current production is six million cans. Annual manufacturing, selling, and administrative fixed costs total $3,000,000. The variable cost of making and selling each can of balls is $2. Stockholders expect a 12% annual return on the company's $5 million of assets. Read the requirements. Target total costs $ 12,900,000 (3,000,000) Less: Fixed costs Target total variable costs $ 9,900,000 6,000,000 Divided by: Number of units 1.65 Target variable cost per unit Requirement 4. Suppose Thompson Industries could spend an extra $3,600,000 on advertising to differentiate its product so that it could be more of a price-setter. Assuming the original volume and costs plus the $3,600,000 of new advertising costs, what cost-plus price will Thompson Industries want to charge for a can of balls? (Enter the cost-plus price per unit to the nearest cent.) Plus: Plus: Plus: D Target revenue Divided by: Cost-plus price per unit