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Sheffield Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are

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Sheffield Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 88,000 units produced and sold each year. Sheffield uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16. Variable cost per unit Fixed cost per unit Total cost per unit Compute the desired ROI per unit for M14-M16. Compute the desired ROI per unit for M14-M16. Desired ROI per unit eTextbook and Media Compute the target selling price for M14-M16. Target selling price per unit eTextbook and Media Compute unit variable cost, unit fixed cost, and unit total cost assuming that 66,000M14M165 are produced and sold during the year. Variable cost per unit Fixed cost per unit Total cost per unit

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