Exercise 21-05 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 508,000 units. Total Per Unit $ 7 $11 $17 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,048,000 $16 $1,524,000 The company has a desired ROI of 25%. It has invested assets $30,480,000. Compute the total cost per unit. Total cost per unit Compute the total cost per unit. Total cost per unit $ Compute the desired ROI per unit. Desired ROI per unit $ Compute the markup percentage using total cost per unit. % Markup percentage using total cost per unit Compute the target selling price. iBooks Target selling price