Wildhorse Inc. produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based on projected units sold of 100.000 $1.55 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.10 1.20 2.25 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $50,000 40.000 Wildhorse Inc. will invest $1,000,000 for this new launch and would like to earn a 28% return on its investment. The old model of yo- yo sells for $8.90 Calculate the total cost per yo-yo. (Round answer to 2 decimal places, eg. 15.25.) Total cost $ per yo-yo Determine the desired ROI per yo-yo. (Round answer to 2 decimal places, eg. 15.25.) Desired ROI per yo-yo Calculate the markup percentage on the total cost per yo-yo. (Round answer 2 decimal places, eg. 15.25%6.) Markup percentage % Calculate the target price per vo-vo. (Round answer to 2 decimal places, es 15.25.) Target price per yo-yo