Alway Candy Corporation is implementing a target costing approach for its latest new product, the "Big Glob" candy bar. The following information relates to the Big Glob: 
Based on this information, what is Alway's target selling price per bar for the Big Glob?
Definitions:
Operating Leverage
A financial ratio that measures the degree to which a firm or project can increase operating income by increasing revenue.
Operating Income
The income earned from a company's day-to-day operations, calculated before taking into account interest and taxes.
Margin Of Safety
The difference between actual sales and break-even sales, providing a cushion against which sales can fall before a business incurs a loss.
Break-Even Point
The level of sales or production at which total revenues equal total expenses, resulting in no profit or loss for the business.
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