WileyP LUS Problem 9-2 Yo Inc. produces and sells yoyos. It is currently planning to launch a new glow in the dark model. The following are the projected costs based on a projected units sold of 107,000. Variable costs per unit: Direct materials $1.55 Direct labour $1.25 Variable manufacturing overhead $1.20 Variable selling and administrative expenses $2.15 Annual fixed costs and expenses: Manufacturing overhead $53,500 Selling and administrative expenses $42,000 Yo Inc. will invest $1,000,000 for this new launch and would like to earn a 25% return on its investment. The old model of yoyo sells for $8.48. Calculate the total cost per yoyo. (Round answer to 2 decimal places, e.g. 15.25.) Total cost per unit $ Determine the desired R01 per yoyo. (Round answer to 2 decimal places, e.g. 15.25. ) Desired ROI $ per unit Determine the desired R01 per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Desired ROI $ per unit Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage % ll Calculate the target price per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Target price $ lI