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Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost per yo-yo Determine the desired ROI per yo-yo. (Round
Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost per yo-yo Determine the desired ROI per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Desired ROI $ per yo-yo Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage %Crane 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 $1.40 Direct labour 1.10 Variable manufacturing overhead 1.45 Variable selling and administrative expenses 2.15 Annual xed costs and expenses: Manufacturing overhead $50,000 Selling and administrative expenses 35,000 Crane Inc. will invest $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 $8.83. Calculate the target price per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Target price $ per yo-yo
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