Total cost per unit: $56.68

Desired ROI per unit: $13.27

Markup percentage using total cost per unit: 23.41%

Target selling price ???

Exercise 22-5 (Part Level Submission) 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 517,000 units. Per Unit Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 6.79 11.04 14.85 $ 3,463,900 13.96 $1,726,780 The company has a desired ROI of 25 %. It has invested assets of $ 27,457,000