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. | | Per Unit | | Total | | Direct materials | | $ 7 | | | | | Direct labor | | $11 | | | | | Variable manufacturing overhead | | $17 | | | | | Fixed manufacturing overhead | | | | | $3,048,000 | | Variable selling and administrative expenses | | $16 | | | | | Fixed selling and administrative expenses | | | | | $1,524,000 | | The company has a desired ROI of 25%. It has invested assets of $30,480,000. |