Origami Company Is a Price-Taker and Uses Target Pricing -
How Much Is the Target Full Cost Per Unit

Origami Company is a price-taker and uses target pricing. Please refer to the following information:
$\begin{array}{|l|r|r|}\hline \text { Production volume } & 500,000 & \text { Units per year } \\\hline \text { Market price } & \$ 24.00 & \text { Per unit } \\\hline \text { Desired operating profit } & 12 \% & \text { Of total asset } \\\hline \text { Total assets } & \$ 12,500,000 & \\\hline\end{array}$
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How much is the target full cost per unit? (Please round to nearest cent.)

A) $21.00
B) $24.00
C) $22.67
D) $19.33