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Concord Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Concord Corporation's anticipated annual volume of
Concord Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Concord Corporation's anticipated annual volume of 483,000 units. Per Unit Total Direct materials $7 Direct labor $12 Variable manufacturing overhead $14 Fixed manufacturing overhead $2,415,000 Variable selling and administrative expenses $14 Fixed selling and administrative expenses $1,932,000 The company has a desired ROI of 25%. It has invested assets of $27,048,000. X Your answer is incorrect. Compute the total cost per unit. Total cost per unit $ 56.01 X Your answer is incorrect. Compute the desired ROI per unit. Desired ROI per unit $ 14.003 e Textbook and Media X Your answer is incorrect. Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit 25.001 % X Your answer is incorrect. Compute the target selling price. Target selling price $ 70.01
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