/hich statement best explains the comparison between the cost-plus pricing and target costing approaches? Cost-plus pricing starts with the cost and adds a markup, while target costing starts with desired profit to determine its ability to offer the product at a certain price. Sandhill Beverages sells bottles of premium champagne. It currently costs $42 per bottle to produce each bottle of champagne. Sandhill has overhead costs of $3000 per month, and expects to incur this amount each month. Sandhill produced and sold 100 bottles of champagne last month and expects to continue this production and sales pattern for the rest of this current year. Its closest competitor currently sells its bottles of champagne at $79.00 per bottle. What is the lowest price that Sandhill could sell each bottle of champagne for to make a monthly operating profit? $69.01$82.00$72.01$79.00