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Current Attempt in Progress Crane Inc. produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based on projected units sold of 100,000. $1.40 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.10 1.45 2.15 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $50.000 35,000 Crane Inc. willinvest $1,000,000 for this new launch and would like to earn a 28% return on its investment. The old model of yo-yo sells for $8.83 Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost $ per yo-yo Determine the desired ROI per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Desired ROI $ per yo-yo Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage % Calculate the target price per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Target price $ per yo-yo