Ivanhoe Inc. produces and sells yo-yos. It is currently planning to launch a nevi:r glow-in-the-dark model. The following are the projected costs based on projected units sold of 100,000. Variable costs per unit: Direct materials $1.35 Direct labour 1.15 Variable manufacturing overhead 1.35 Variable selling and administrative expenses 2.30 Annual xed costs and expenses: Manufacturing overhead $50,000 Selling and administrative expenses 40,000 Ivanhoe Inc. will invest $1,000,000 for this new launch and would like to earn a 28% return on its investment. The old model of yoyo sells for $8.97. 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 yD-yo. {Round answer to 2 decimal places, 9.3. 15.25.] Target price $ per yoyo