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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 492,000 units. Per Unit Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 7.09 $11.09 $14.82 $3,099,600 $14.06 $1,249,580 The company has a desired ROI of 23%. It has invested assets of $27,101,000 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, eg. 10.50.) Markup percentage using total cost per unit Compute the target selling price. (Round answer to 2 declmal places, e.g. 10.50.) Target selling price
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