3) part 2

W CICS Current Attempt in Progress Oriole Inc. produces and sells yo-yos. It is currently planning to launch a new low in the dark model. The following are the projected costs based on projected units sold of 100,000 $1.25 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses 1.25 140 2.30 Annual fixed costs and expenses Manufacturing overhead Selling and administrative expenses $50.000 40,000 Oriole Inc. will invest $1.000.000 for this new launch and would like to eam 28 return on its investment. The old model of vowe sells for $9.04 Calculate the markup percentage on the total cost per yo-yo. (Round answer to 2 decimal places, s. 15.25%) . Markup percentage Calcula target price per yo-yo (Round answer to 2 decimal places, s. 15.25) Target price $ per yo yo Attempts: 0 of 1 used it Savn for Later MacBook Air