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Beans Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following...

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Accounting

Beans Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Stahl Corporation's anticipated annual volume of 500,000 units. Per Unit Total Direct materials $7 Direct labor $9 Variable manufacturing overhead $15 Fixed manufacturing overhead $3,300,000 Variable selling and administrative expenses $14 Fixed selling and administrative expenses $1,500,000 The company has a desired ROI of 25%. It has invested assets of $24,000,000. 1. Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.) 2.Compute the desired ROI per unit. (Round answer to 2 decimal places, e.g. 10.50.) 3.Compute the markup percentage using total cost per unit. (Round answer to 2 decimal places, e.g. 10.50. Use the rounded amounts from the previous questions when calculating the answer for this question.) 4.Compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50. Use the rounded amounts from the previous questions when calculating the answer for this question.)

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