Exercise 8-18 Paige Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Paige Corporation's anticipated annual volume of 538,500 units Total Per Unit 6.89 $9.06 $14.96 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 14.08 Fixed selling and administrative expenses $3,699,495 $1,567,035 The company has a desired ROI of 24%. It has invested assets of $25,930,000. Your answer is correct Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Total cost 54.77 per unit