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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 517,000 units.
Per Unit | Total | |||||
Direct materials | $ 6.79 | |||||
Direct labor | $ 11.04 | |||||
Variable manufacturing overhead | $ 14.85 | |||||
Fixed manufacturing overhead | $ 3,463,900 | |||||
Variable selling and administrative expenses | $ 13.96 | |||||
Fixed selling and administrative expenses | $ 1,726,780 |
The company has a desired ROI of 25 %. It has invested assets of $ 27,457,000 .
(a) Your answer is correct. Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) 56.68 Total cost per unit SHOW SOLUTIONSHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 2 of 3 used (b) Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI per unit s
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