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

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Question

Accounting

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 500,000 units.
\table[[,Per Unit,Total,],[Dired materials,$,7.00,],[Dired labor,11.00,,],[Variable manufacturing overhead,15.00,,],[Fixed manulacturing overhead,,3,000,000,],[Variable selling and administrative expenses,14.00,,],[Fixed selling and administrative expenses,,1,500,000,]]
The company has a desired RO1 of 25%. It has invested assels of $28,000,000.
Instructions
a. Compute the total unit cost.
b. Compute the desired ROI per unil
c. Compute the markup percenlage using tolal cosl per unit.
d. Compute the target selling price.
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