Exercise 22-5 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 503,000 units. Per Unit Total Direct materials 7.23 Direct labor 11.14 Variable manufacturing overhead 14.88 Fixed manufacturing overhead $ 3,531,060 Variable selling and administrative expenses 1422 Fixed selling and administrative expenses $ 1,589,480 The company has a desired ROI of 23 %. It has invested assets of $ 27,453,000 Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Total cost per units LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI per units LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the markup percentage using total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage using total cost per unit LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price $ LINK TO TEXT VIDEO: SIMILAR EXERCISE