Hanisch Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $32 per unit, management projects sales of 30,000 units. The new product would require an investment of $300,000. The desired return on investment is 16%. 

Calculate the target cost per unit .

Answer rating: 100% (QA)

To calculate the target cost per unit using target costing we need to start with the ... View the full answer