adapt WilleyPLUS Managerial, 8e ORION Practice -8.1: Compute a target cost when the market deter... Q8.38: Cermak Ceramics is introducing an insulated coffee mug. Cermak must invest $40,000 in new equipment to make the mugs, and it estimates it will sell 60,000 mugs. If Cermaks per-mug target cost is $14.87 and the required rate of return on investment is 20%,what is the sales price of the mugs? Round your answer if necessary A) $17 B $18 C) $16 D $15