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Riverbed Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Riverbed Corporation's anticipated annual volume of

Riverbed Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Riverbed Corporation's anticipated annual volume of 483,000 units.

Per Unit Total
Direct materials $ 6
Direct labor $12
Variable manufacturing overhead $14
Fixed manufacturing overhead $2,898,000
Variable selling and administrative expenses $15
Fixed selling and administrative expenses $1,449,000

The company has a desired ROI of 25%. It has invested assets of $27,048,000.

Compute the total unit cost.

Total cost per unit $enter the total cost per unit in dollars

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Compute the desired ROI per unit.

Desired ROI per unit $enter the desired return on investment per unit in dollars

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Compute the markup percentage using total unit cost.

Markup percentage using total cost per unit enter the markup percentage using total cost per unit %

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Compute the target selling price. (Round answer to 0 decimal places, e.g. 75.)

Target selling price $enter the target selling price in dollars rounded to 0 decimal places

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