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Question 21 Yo Inc. produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based
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Question 21 Yo Inc. produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based on projected units sold of 100,000. $1.45 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.20 1.35 2.20 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $50,000 35,000 Yo Inc. will invest $1,000,000 for this new launch and would like to earn a 14.10% return on its investment. The old model of yo-yo sells for $7.56. Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost 4.50 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 LINK TO TEXT Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage
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