XYZ Company is considering entering the competitive toaster market. Management believes that they have designed a toaster that will lead the market. In order to be competitive upon entering the market, they will have to sell the toaster at the prevailing market price, which is currently $57 per toaster. Before deciding to go ahead with this venture, the management team has completed some preliminary planning. It has been determined that the following costs will be incurred in relation to this product: Design and development. Selling and distribution Service. $4 per unit $6 per unit $2 per unit At this time, the production team has not yet submitted the cost amount that will be incurred to manufacture the toaster. Consider the following information as well: Investment required for this product line Number of toasters expected to be produced and sold each year.. Desired return on investment (ROI) for this business venture.. $900,000 .18,000 units 30% Required: (Show all supporting calculations} 1.) Using the Target Costing approach, calculate the total target cost per unit relating to the toaster product. 2.) What is the maximum allowable cost amount that can be incurred to manufacture each toaster that would allow this business venture to achieve the desired profit objective?