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

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Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 500,000 units. Per Unit Total Direct materials $7 $11 $15 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,000,000 $14 $1,500,000 The company has a desired ROI of 25%. It has invested assets of $28,000,000 Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit %

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