17. Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual volume of 400,000 units. Per Unit Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $32 54 72 $12,000,000 34 7,200,000 The company has a desired ROI of 20%. It has invested assets of $120,000,000. Instructions Compute each of the following: 1. Total cost per unit. Desired ROI per unit. 3. 2. Markup percentage using total cost 4. unit. per Target selling price