Exercise M-5 (Part Level Submission) The company has a desired ROI of 23%. It ha

Question

Exercise M-5 (Part Level Submission)

The company has a desired ROI of 23%. It has invested assets of $27,351,000.

(a)

Open Show Work

Exercise M-5 (Part Level Submission)

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 544,000 units.
Per Unit Total Direct materials $ 6.87 Direct labor $10.77 Variable manufacturing overhead $15.00 Fixed manufacturing overhead $3,318,400 Variable selling and administrative expenses $14.04 Fixed selling and administrative expenses $1,626,560

The company has a desired ROI of 23%. It has invested assets of $27,351,000.

(a)

Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.)
Total cost per unit $

Click if you would like to Show Work for this question:

Open Show Work

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up   Statementshowing Computations Paticulars Amount Direct Materials per unit                            6.87 Direct Labor per unit                         10.77 Variable manufacturing overhead per unit                         15.00 Fixed manufacturing overhead = 3318,400/544,000                            6.10 Variable selling and administrative expenses per unit                         14.04 Fixed selling and administrative expenses = 1626,560/544000                            2.99 Total cost per unit                         55.77

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.