Schopp Corporation makes a mechanical stuffed alligator that sings the Martian n

Question

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 517,000 units.

The company has a desired ROI of 25 %. It has invested assets of $ 27,457,000 .

Per Unit Total Direct materials $ 6.79 Direct labor $ 11.04 Variable manufacturing overhead $ 14.85 Fixed manufacturing overhead $ 3,463,900 Variable selling and administrative expenses $ 13.96 Fixed selling and administrative expenses $ 1,726,780 (a) Your answer is correct. Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) 56.68 Total cost per unit SHOW SOLUTIONSHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 2 of 3 used (b) Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) Desired ROI per unit s

Explanation / Answer

Desired ROI per unit = (27457000*25%)/517000= 13.28

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