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 503,000 units.

		Per Unit			Total
Direct materials		$ 6
Direct labor		$11
Variable manufacturing overhead		$15
Fixed manufacturing overhead					$2,515,000
Variable selling and administrative expenses		$16
Fixed selling and administrative expenses					$1,509,000

The company has a desired ROI of 25%. It has invested assets of $28,168,000.

a. Compute the total cost per unit.

Total cost per unit

$

b. Compute the desired ROI per unit.

Desired ROI per unit

$

c. Compute the markup percentage using total cost per unit.

Markup percentage using total cost per unit

enter the markup percentage using total cost per unit

%

d. Compute the target selling price.

Target selling price

$