Reasoning Reasons is considering using the target costing method to determine a selling price for one of its new products. An analysis of similar products on the market suggests a price of $200 each. If the company requires a profit of $73 per unit, what target cost should be set for the new product?

Reasoning Reasons is considering using the target costing method to determine a selling price for one of its new products. An analysis of similar products on the market suggests a price of $200 each. If the company requires a profit of $73 per unit, what target cost should be set for the new product? Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Target Cost: $273 X Check Note: The "check" button does not submit your attempt.To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button. Incorrect Marks for this submission: 0.00/1.00