3. a)

View Policies Current Attempt in Progress a Cullumber Inc. produces and sells yo-yos. It is currently planning to launch a new glow-in-the-dark model. The following are the projected costs based on projected units sold of 100,000 $1.45 Variable costs.per unit Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.10 1.45 2.10 Annual fixed costs and expenses: Manufacturing overhead Selling and administrative expenses $50,000 35,000 Cullumber Inc. will invest $1,000,000 for this new launch and would like to earn a 28% return on its investment. The old model of yo- yo sells for $8.83. Calculate the total cost per yo-yo. (Round answer to 2 decimal places, eg. 15.25.) Total cost $ per yo-yo