Exercise M-5 (Part Level Submission) Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. anticipated annual volume of 539,000 units The following information is available for Schopp Corporation's Per Unit $7.02 $10.98 $15.05 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,384,920 $13.84 $1,509,200 The company has a desired ROI of 25%. It has invested assets of $27,222,000. (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 55.97 Click if you would like to Show Work for this question: Open Show Work