Please show your work.

Exercise 3-8B Target costing After substantial marketing research, Yilan Corporation management believes that it can make and sell a new battery with a prolonged life for laptop computers. Management expects the market demand for its new battery to be 100,000 units per year if the battery is priced at $64 per unit. A team of engineers and accountants determines that the fixed costs of producing 60,000 units to 130,000 units is $2,400,000. Required Assume that Yilan desires to earn a $1,200,000 profit from the battery sales. How much can it afford to spend on the variable cost per unit if production and sales equal 100,000 batteries