Answer: $30.10 per unit
Explanation:
Given that,
Production volume = 602,000 units per year
Market price = $34 per unit
Desired operating income = 17% of total assets
Total assets = $13,800,000
Total income = 17% of Total assets
                       = 0.17 × $13,800,000
                       = $2,346,000
Total sales = Market price × Production volume
                   = $34 per unit × 602,000 units
                   = $20,468,000
Target full product cost in total for the year:
= Total sales - Total income
= $20,468,000 - $2,346,000
= $18,122,000
Target full product cost per unit = 
                                                       = 
                                                       = $30.10 per unit