Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price % National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable cost per unit Fixed cost per unit Variable selling and administrative expenses Fixed selling and administrative expenses $1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Total cost per unit LINK TO TEXT Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Compute the desired ROI per unit for M14-M16. Desired ROI LINK TO TEXT Compute the target selling price for M14-M16. Target selling price per unit LINK TO TEXT Per Unit $20 $39 $15 per unit Variable cost per unit $ Fixed cost per unit $6 Total cost per unit Total $1,264,000 Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 59,250 M14-M16s are produced and sold during the year. LINK TO VIDEO LINK TO VIDEO LINK TO VIDEO