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Need proper formulas and solution of all parts Question 26 Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual

Need proper formulas and solution of all parts

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Question 26 Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual Not yet answered volume of 600,000 units: Marked out of Per Unit Total 12.00 Direct materials $37 P Flag question Direct labour Variable manufacturing overhead Fixed manufacturing overhead $15,000,000 Variable selling and administrative expenses Fixed selling and administrative expenses 11,400,000 The company has a desired ROI of 20%. It has invested assets of $325,000,000. Instructions Calculate each of the following: a) Total cost per unit. b) Desired ROI per unit. c) Markup percentage using total cost per unit. d) Target selling price

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