Custom Carpentry provides bespoke carpentry services. Each project takes approximately 40 hours. The company anticipates 200 projects annually. They have invested $1,200,000 in their facilities and expect an ROI of 18%. The budgeted costs for the coming year are shown below:

Cost Item	Per Project ($)	Total ($)
Direct Materials (Wood, etc.)	100	20,000
Direct Labor (Carpenters)	200	40,000
Variable Overhead	50	10,000
Fixed Overhead	-	180,000
Variable Selling & Admin Expenses	30	6,000
Fixed Selling & Admin Expenses	-	54,000

Required:

1. Calculate the total cost per project.
2. Determine the desired ROI per project.
3. Compute the target price per project.