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

1. 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 524,000 units.

Per Unit Total
Direct materials $ 6
Direct labor $11
Variable manufacturing overhead $17
Fixed manufacturing overhead $3,144,000
Variable selling and administrative expenses $17
Fixed selling and administrative expenses $1,572,000

The company has a desired ROI of 25%. It has invested assets of $31,440,000.

a.) Compute the total cost per unit.

b.) Compute the desired ROI per unit.

c.) Compute the markup percentage using total cost per unit.

d.) Compute the target selling price.

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