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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 Direct labor $10 Variable manufacturing overhead 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. Compute the total cost per unit. Total cost per unit $ 52 e Textbook and Media Compute the desired ROI per unit. Desired ROI per unit $ Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit e Textbook and Media Compute the target selling price. Target selling price $ e Textbook and Media
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