Marigold Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total $32 $44 $8 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,353,600 $ 902,400 These costs are based on a budgeted volume of 75,200 units produced and sold each year. Marigold uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Your answer is correct. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16. Variable cost per unit 90 Fixed cost per unit 30 Total cost per unit 120 e Textbook and Media (b) Compute the desired ROI per unit for M14-M16. Desired ROI $ per unit e Textbook and Media Save for Later