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 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses $1.65 1.15 1.35 2.40 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 22.20% return on its investment. The old model of yo-yo sells for $8.72. Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost per yo-yo