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 529,000 units. Per Unit Total $7.14 $10.83 $15.23 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,501,980 $13.91 $1,729,830 The company has a desired ROI of 25%. It has invested assets of $28,606,000. 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