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Question 5 of 12 - 74 View Policies Current Attempt in Progress Yo Inc. produces and sells yo-yos. It is currently planning to launch a
Question 5 of 12 - 74 View Policies Current Attempt in Progress 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. $1.25 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.10 1.20 2.00 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $50,000 40,000 Yo Inc. will invest $1,000,000 for this new launch and would like to earn a 25.80% return on its investment. The old model of yo-yo sells for $8.13. Question 5 of 12 -14 III Calculate the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost $ 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 Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, eg. 15.25%.) Markup percentage % Calculate the target price per yo-yo. (Round answer to 2 decimal places, eg. 15.25.) Target price $ $ per yo-yo
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