Question: I know the answer please show the work...thanks! 10) Palermo Primping Products is contemplating introducing a new type of deluxe eye cream to complement its

I know the answer please show the work...thanks!

10) Palermo Primping Products is contemplating introducing a new type of deluxe eye cream to complement its existing line of products. The following information applies.

Target price $25 per unit

Estimated annual target sales volume 60,000

Expected return on sales target 35%

Required:

Compute the unit target cost per unit. (Ans: $16.25)

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