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 477,000 units.

		Per Unit			Total
Direct materials		$ 7
Direct labor		$13
Variable manufacturing overhead		$15
Fixed manufacturing overhead					$2,385,000
Variable selling and administrative expenses		$14
Fixed selling and administrative expenses					$954,000

The company has a desired ROI of 25%. It has invested assets of $26,712,000.

1.Compute the total cost per unit.

2. Compute the desired ROI per unit.

3.Compute the markup percentage using total cost per unit.

4.Compute the target selling price.