b. Compute the target selling price. E21.5 (LO 2), AP Schopp Corporation makes a mechanical stuffed alligator that sings the Martian Use cost-plus pricing to national anthem. The following information is available for Schopp Corporation's anticipated annual various amounts. volume of 500,000 units. Excel in wod Per Unit Total 100 Direct materials $ 7 Direct labor $11 Variable manufacturing overhead $15 Fixed manufacturing overhead $3,000,000 Variable selling and administrative expenses $14 Fixed selling and administrative expenses $1,500,000 The company has a desired ROI of 25%. It has invested assets of $28,000,000. Instructions a. Compute the total cost per unit. b. Compute the desired ROI per unit. c. Compute the markup percentage using total cost per unit. d. Compute the target selling price. E21.6 (LO 2), AP Service Alma's Recording Studio rents studio time to musicians in 2-hour blocks. Use cost-plus pricing to