Galla Inc. operates in a highly competitive market where the market price for its product is $181 per unit. Galla desires a $19 profit per unit. Galla expects to sell 6,100 units. Additional information is as follows: Variable product cost per unit $ 21 Variable administrative cost per unit 16 Total fixed overhead 56,000 Total fixed administrative 29,000
Using target costing, what is the target cost?
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