Exercise M-5 (Part Level Submission) 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 529,000 units Per Unit $7.14 $10.83 $15.23 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,501,980 $13.91 $1,729,830 The company has a desired ROI of 25%. It has invested assets of$28,606,000 (a) Your answer is correct. Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Total cost per unit 57 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE