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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 477,000 units Total Per Unit Direct materials $6.91 Direct labor $11.05 Variable manufacturing overhead $14.85 Fixed manufacturing overhead Variable selling and administrative expenses $2,986,020 $ 13.97 Fixed selling and administrative expenses $1,512,090 The company has a desired ROI of 25 %. It has invested assets of $ 28,121,000 Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Total cost per unit $ Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI per unit Compute the markup percentage using total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage using total cost per unit Compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price
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