3 d)

View Policies Current Attempt in Progress Cullumber Inc produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based on projected units sold of 100,000 Variable costs per unit: Direct materials 5145 Direct labour 110 Variable manufacturing overhead 145 Variable selling and administrative expenses 2.10 Annual fixed costs and expenses: $50,000 Marfacturing overhead Selling and administrative expenses 35,000 Cullumber Inc will inwest $1,000,000 for this new launch and would like to earn a 28% return on its investment. The old model of yo yo sells for $8.33 Calculate the target price per yo-yo. (Round answer to 2 decimal places, eg. 15.25.) Target price $ per yo-yo Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air