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D) Compute the target selling price. Question 6 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is
D) Compute the target selling price.
Question 6 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 524,000 units. Per Unit Total Direct materials $ 6 $11 Direct labor $17 $3,144,000 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $17 $1,572,000 The company has a desired ROI of 25%. It has invested assets of $31,440,000. (a) Your answer is correct. Compute the total cost per unit. Total cost per unit 60 Your answer is correct. Compute the desired ROI per unit. Desired ROI per unit 15 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (c) Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit %Step by Step Solution
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