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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
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 507,000 units Per Unlt $ 6.75 $11.01 15.20 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,447,600 $13.99 $1,521,000 The company has a desired ROI of 24%. It has invested assets of $27,164,000 x Your answer is incorrect. Try again Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Total cost per unlt 53.577 LINK TOT VIDEO: SIMILAR EXERCISE Your answer is correct. Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Deslred ROI per unit 17.85 SHOW SOLUTION SHOW ANSWER LINK 10 ILX1 VIDEO: SIMILAR EXERCISE xYour answer is incorrect. Try again. Compute the markup percentage using total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage using total cost per unit VIDEO: SIMILAR EXERCISE Your answer is incorrect. Try again. Compute the target selling price. (Round answer to 2 declmal places, e.g. 10.50.) Target selling price
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