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Grouper Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Grouper Corporation's anticipated annual volume of

Grouper Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following
information is available for Grouper Corporation's anticipated annual volume of 492,000 units,
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Per Unit
$8
$9
$17
Total
$3,444,000
$16
$1,476,000
The company has a desired ROl of 25%. It has invested assets of $29,520,000.
(a)
Compute the total unit cost.
Total cost per unit
$
(b)
Compute the desired ROi per unit.
(c)
Compute the markup percentage using total unit cost.
Markup percentage using total cost per unit
%
(d)
Compute the target selling price. (Round answer to O decimal places, e.g. 75.)
Target selling price
image text in transcribed
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Current Attempt in Progress Grouper Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is avallable for Grouper Corporation's anticipated annual volume of 492.000 units. The company has a desired ROI of 25%. It has invested assets of $29,520,000. Using multiple attempts will impact your score. 1085 store reduction after attempt 2 Compute the markup percentage using total unit cost. Markup percentage using totai cost per unit eTectbook and Media Attempts: 0 of Uling multigle attempts will impact your score. 10% ccore reduction after attempt 2 (a) Compute the taget selling price. (Roand answer to o decimal places, e. g. 75.)

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