Goliath Corporation is in the process of setting a selling price for a new product it has just designed. The following data relate to this product for a budgeted volume of 60,000 units. 
Goliath uses cost-plus pricing to set its target selling price. The markup on total unit cost is 30%.
Instructions
Compute each of the following for the new product:
1. Total variable cost per unit, total fixed cost per unit, and total cost per unit.
2. Desired ROI per unit.
3. Target selling price.
Definitions:
Self-Reported Mood
A method of assessment where individuals describe their current mood state or feelings typically through questionnaires or interviews.
Independent Variable
The variable in an experiment that is manipulated or changed to observe its effect on the dependent variable.
Dependent Variable
In an experiment, it is the variable that is tested and measured, potentially being affected by the manipulation of the independent variable.
Positive Correlation Condition
A condition where two variables increase or decrease in parallel, indicating a direct relationship between them.
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