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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 536,000 units. Per Unit Total Direct materials $7 Direct labor 59 Variable manufacturing overhead $13 Fixed manufacturing overhead $3,752,000 Variable selling and administrative expenses $13 Fixed selling and administrative expenses $1,608,000 The company has a desired ROI of 25%. It has invested assets of $27,872.000. Compute the total cost per unit. Total cost (b) eTextbook and Media Your answer is correct. Compute the desired ROI per unit. ROI $ 52 per unit 13 per unit (c) * Your answer is incorrect. Using absorption-cost pricing, compute the markup percentage. (Round answer to 2 decimal places, e.g. 10.50%) Absorption-cost pricing markup percentage 55.77 %
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