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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 491,000 units. Total Per Unit $ 6 $13 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,437,000 $16 $1,473,000 The company has a desired ROI of 25%. It has invested assets of $29,460,000. Total cost per unit 6.98 x Your answer is incorrect. Try again. Compute the desired ROI per unit. Desired ROI per unit Desired ROI per unit 156|| 156 $ x Your answer is incorrect. Try again. Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit 301 % x Your answer is incorrect. Try again. Compute the target selling price. Target selling price 206
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