Chapter 4 Homework Part 2 Saved 14 0.81 points Majesty Company uses target costing to ensure that its products are profitable. Assume Majesty is planning to introduce a new product with the following estimates: Estimated market price $1 2,500 Annual demand 90,000 units Life cycle Skipped Target profit 6 years 26% return on sales. eBook Hint Print References Required: 1. Compute the target cost of this product. 2. Compute the target cost if Majesty wants a 43 percent return on sales. 3. Compute the target cost if Majesty wants a 13 percent return on sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the target cost of this product. Target Cost ences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3. Compute the target cost if Majesty wants a 43 percent return on sales. Target Cost Print Complete this question by entering your answers in the tabs below. ferences Required 1 Required 2 Required 3 Compute the target cost if Majesty wants a 13 percent return on sales. Target Cost