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Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information...

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 484,000 units.

Per Unit Total
Direct materials $ 6
Direct labor $13
Variable manufacturing overhead $16
Fixed manufacturing overhead $2,904,000
Variable selling and administrative expenses $12
Fixed selling and administrative expenses $1,452,000


The company has a desired ROI of 25%. It has invested assets of $27,104,000.

(a)

Correct answer iconYour answer is correct.

Compute the total cost per unit.

Total cost $ per unit

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Attempts: 1 of 5 used

(b)

Correct answer iconYour answer is correct.

Compute the desired ROI per unit.

ROI $ per unit

eTextbook and Media

  

Attempts: 1 of 5 used

(c)

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is incorrect.

Using absorption-cost pricing, compute the markup percentage. (Round answer to 2 decimal places, e.g. 10.50%.)

Absorption-cost pricing markup percentage %
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