Question: Always Candy Corp. Alway Candy Corporation is implementing a target costing approach for its latest new product, the Peanut Butter Blast candy bar. The following

Always Candy Corp. Alway Candy Corporation is implementing a target costing approach for its latest new product, the "Peanut Butter Blast" candy bar. The following information relates to the new candy bar: Projected selling price per candy bar $0.90 Expected annual sales (in units) of cand bars 40'000 Required investment in additional assets $140,000 Desired return on investment 20% 1) Based on this information, what is Alway's target cost per bar for the Peanut Butter Blast candy bar

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