3. b)

View Policies Current Attempt in Progress 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 110 1.45 2.10 Antualed.costs and expenses Manufacturing overhead Selling and administrative expenses $50,000 35.000 Cullumber Inc. willinwest 51.000.000 for this new launch and would like to earn a 28% return on its investment. The old model atyo yo sells for $8.03 Determine the desired ROI per yo-yo. (Round answer to 2 decimal places, es. 15.25 Desired ROI $ per yo-yo