Cheyenne Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Cheyenne Corporations anticipated annual volume of 529,000 units.

		Per Unit			Total
Direct materials		$ 6
Direct labor		$10
Variable manufacturing overhead		$16
Fixed manufacturing overhead					$3,174,000
Variable selling and administrative expenses		$11
Fixed selling and administrative expenses					$1,587,000

The company has a desired ROI of 25%. It has invested assets of $27,508,000.

1:Compute the total unit cost.

Total cost per unit

$enter the total cost per unit in dollars

2: Compute the desired ROI per unit.

Desired ROI per unit

$

3:

Compute the markup percentage using total unit cost.

Markup percentage using total cost per unit

4: Compute the target selling price. (Round answer to 0 decimal places, e.g. 75.)

Target selling price

$enter the target selling price in dollars rounded to 0 decimal places