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Monty Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Monty Corporation's anticipated annual volume of
Monty Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Monty Corporation's anticipated annual volume of 483,000 units. Per Unit Total Direct materials $6 Direct labor $10 Variable manufacturing overhead $14 Fixed manufacturing overhead $2,898,000 Variable selling and administrative expenses $17 Fixed selling and administrative expenses $1,449,000 The company has a desired ROI of 25%. It has invested assets of $27,048,000. (a) Your answer is correct. Compute the total unit cost. Total cost per unit $ 56 eTextbook and Media Using multiple attempts will impact your score. 10% score reduction after attempt 2 (b) Your answer is correct. Compute the desired ROI per unit. Desired ROI per unit $ 14 Attempts: 1 of 3 used (c) Your answer is incorrect. Compute the markup percentage using total unit cost. Markup percentage using total cost per unit eTextbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 (d) Compute the target selling price. (Round answer to O decimal places, e.g. 75.) Target selling price $ eTextbook and Media 41 96 Attempts: 1 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 Attempts: 0 of 3 used Submit
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