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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 529,000 units.

Per Unit Total
Direct materials $ 6
Direct labor $10
Variable manufacturing overhead $16
Fixed manufacturing overhead $3,174,000
Variable selling and administrative expenses $11
Fixed selling and administrative expenses $1,587,000

The company has a desired ROI of 25%. It has invested assets of $27,508,000.

WHAT IS THE TOTAL COST PER UNIT?

WHAT IS THE DESIRED ROI PER UNIT?

WHAT IS THE MARK UP PERCENTAGE USING TOTAL COST PER UNIT?

COMPUTE TARGET SELLING PRICE

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