E8.2 (LO_1), AP Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $90 for LittleLaser. At this price, Eckert believes it can sell 100,000 of these laser guns. Eckert will require an investment of $8,000,000 to manufacture, and the company wants an ROl of 20%. Compute target cost. Instructions Determine the target cost for one LittleLaser. 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. The company has a desired ROI of 20%. It has invested assets of $54,000,000. It anticipates production of 3,000 units per year. Instructions a.Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. b. Compute the desired ROI per unit. (Round to the nearest dollar.) c. Compute the target selling price. E8.9 (LO_3), AP Rey Custom Electronics (RCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bi using time-and-material pricing. The following budgeted cost data are available. Use time-and-material pricing to determine bill. The company has budgeted for 6,250 hours of technician time during the coming year. It desires a $38 profit margin per hour of labor and an 80% profit on parts. It estimates the total invoice cost of parts and materials in 2020 will be $700,000. Instructions a. Compute the rate charged per hour of labor. b. Compute the material loading percentage. c. RCE has just received a request for a bid from Buil Builders on a $1,200,000 new home. The company estimates that it would require 80 hours of labor and $40,000 of parts. Compute the total estimated bill