Yo 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, Variable costs per unit: Direct materials $1.45 Direct labour 1.05 Variable manufacturing overhead 1.45 Variable selling and administrative expenses 2.15 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $55,000 40,000 Yo Inc. will invest $1,000,000 for this new launch and would like to earn a 28,20% return on its investment. The old model of yo-yo sells for $8.97 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 to 2 decimal places, es. 15.25%) Markup percentage 96 Calculate the target price per yo-yo. (Round answer to 2 decimal places, e.g. 15.25.) Target price per yo-yo