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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. Total Per Unit $7 $11 $18 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,549,000 $14 $1,521,000 The company has a desired ROI of 25%. It has invested assets of $30,420.000. (a) Your answer is correct. Compute the total cost per unit Total cost $ $ 60 per unit e Textbook and Media Assistance Used Attempts: 3 of 5 used (b) Your answer is correct. Compute the desired ROI per unit. ROI $ 15 per unit (c) Your answer is correct. Using absorption-cost pricing, compute the markup percentage. (Round answer to 2 decimal places, eg. 10.50%.) Absorption-cost pricing markup percentage 74.42% e Textbook and Media Assistance Used Attempts: 2 of 5 used (d) Using variable-cost pricing, compute the markup percentage. (Round answer to 2 decimal places, e.g. 10.50%.) Variable-cost pricing markup percentage %
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