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Marigold Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Marigold Corporation's anticipated annual volume
Marigold Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Marigold Corporation's anticipated annual volume of 517,000 units. Per Unit Total Direct materials $6 Direct labor $11 Variable manufacturing overhead $14 Fixed manufacturing overhead $3,619,000 Variable selling and administrative expenses $14 Fixed selling and administrative expenses $2.068,000 The company has a desired ROI of 25%. It has invested assets of $28,952,000. Compute the total unit cost. Total cost per unit $ 56 Compute the desired ROI per unit. Desired ROI per unit eTextbook and Media $ Compute the markup percentage using total unit cost. Markup percentage using total cost per unit eTextbook and Media Compute the target selling price. (Round answer to O decimal places, eg. 75) Target selling price $ %
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