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3) Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual volume of 400,000 units. The company has a desired

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3) Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual volume of 400,000 units. The company has a desired ROI of 20%. It has invested assets of $120,000,000. Instructions Compute each of the following: (Show your work) 1. Total cost per unit. (Hint: include fixed costs on a per unit basis) 2. Desired ROI per unit. 3. Markup percentage using total cost per unit. 4. Target selling price

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