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Flounder Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Flounder Corporation's anticipated annual volume of
Flounder Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Flounder Corporation's anticipated annual volume of 503,000 units. Per Unit Total Direct materials $6 Direct labor $11 Variable manufacturing overhead $15 Fixed manufacturing overhead $2,515,000 Variable selling and administrative expenses $16 Fixed selling and administrative expenses $1,509,000 The company has a desired ROI of 25%. It has invested assets of $28,168,000. (a) Compute the total unit cost. Total cost per unit $ (b) Compute the desired ROI per unit. Desired ROI per unit $ eTextbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 (c) Compute the markup percentage using total unit cost. Markup percentage using total cost per unit Attempts: 0 of 3 used Submit Answer (d) Compute the target selling price. (Round answer to O decimal places, e.g. 75.) Target selling price $
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