Question: pls find the: Markup percentage using total cost per unit = .......% Compute the target selling price = $........... Schopp Corporation makes a mechanical stuffed

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 483,000 units. Total Per Unit $7 $12 $14 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,415.000 $14 $1932,000 The company has a desired ROI of 25%. It has invested assets of $27,048,000. Compute the total cost per unit. Total cost per unit $ 56 Compute the desired ROI per unit. Desired ROI per unit $ 14 Compute the markup percentage using total cost per unit. Markup percentage using total cost per unit % Compute the target selling price, Target selling price
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
