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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 486,000 units. Total Per Unit $8 $10 $16 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,402,000 $16 $1,458,000 The company has a desired ROI of 25%. It has invested assets of $29,160,000. (a) Your answer is correct. Compute the total cost per unit. Total cost per unit $ e Textbook and Media Your answer is correct. Compute the desired ROI per unit. Desired ROI per unit $ e Textbook and Media e Textbook Video Your answer is correct. Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit 25 % e Textbook and Media eTextbook Video Your answer is incorrect. Compute the target selling price. Target selling price $
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