A New Product,an Automated Crepe Maker,is Being Introduced at Laguna

Multiple Choice

A new product,an automated crepe maker,is being introduced at Laguna Corporation.At a selling price of $52 per unit,management projects sales of 90,000 units.Launching the crepe maker as a new product would require an investment of $200,000.The desired return on investment is 15%.The target cost per crepe maker is closest to:

A) $59.80
B) $52.00
C) $59.42
D) $51.67