Question

orted From Fir... Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The followi
w. e rted From Fir... (a) Your answer is correct. Compute the total cost per unit Total cost per unit $ 56 eTextbook and Medi
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Invested assets = $27,048,000

Return on investment = 25%

Return on investment = 27,048,000 x 25%

= $6,762,000

Number of units = 483,000

Desired return on investment per unit = Return on investment / Number of units

= 6,762,000/483,000

= $14

Desired return on investment per unit $14

Kindly comment if you need further assistance. Thanks‼!

Add a comment
Know the answer?
Add Answer to:
orted From Fir... Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Imported From F... Current Attempt in Progress Schopp Corporation makes a mechanical stuffed alligator that sings...

    Imported From F... Current Attempt in Progress 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 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses $15 Fixed selling and administrative expenses $2,898,000 $1,449,000 The company has a desired ROI of 25%. It has invested assets of $27,048,000. Compute the total cost per unit....

  • Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information...

    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 508,000 units. Per Unit Total Direct materials $ 7 Direct labor $11 Variable manufacturing overhead $17 Fixed manufacturing overhead $3,048,000 Variable selling and administrative expenses $16 Fixed selling and administrative expenses $1,524,000 The company has a desired ROI of 25%. It has invested assets of $30,480,000. 1.Compute the total cost per unit. 2. Compute the...

  • Exercise M-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The...

    Exercise M-5 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 $ 6.75 $11.00 $14.89 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,071,880 $13.97 $1,284,780 The company has a desired ROI of 24%. It has invested assets of $27,594,000. Compute the total cost per unit. (Round...

  • Exercise 8-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The...

    Exercise 8-5 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 544,000 units. Per Unit Total $6.87 $10.77 $15.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,318,400 $14.04 $1,626,560 The company has a desired ROI of 23%. It has invested assets of $27,351,000. Compute the total cost per unit. (Round answer...

  • Exercise 8-5 (Video) Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. Th...

    Exercise 8-5 (Video) 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 503,000 units. Per Unit Total $ 6 $11 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,515,000 $16 $1,509,000 The company has a desired ROI of 25%. It has invested assets of $28,168,000. Compute the total cost per unit....

  • Exercise 22-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The...

    Exercise 22-5 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 536,000 units. Per Unit Total Direct materials 7.09 Direct labor 11.20 14.94 $ 3,371,440 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses 14.17 $ 1,709,840 The company has a desired ROI of 27 %. It has invested assets of $ 27,207,000. Compute the total cost...

  • Exercise 8-5 (Part Level Submission (Video) Schopp Corporation makes a mechanical stuffed alligator that sings the Mart...

    Exercise 8-5 (Part Level Submission (Video) 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 491,000 units. Per Unit Total $6 $13 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,437,000 $16 $1,473,000 The company has a desired ROI of 25%. It has invested assets of $29,460,000. (a) Compute the total...

  • Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation’s expected...

    Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation’s expected annual volume of 500,000 units: Per Unit Total Direct materials $15 Direct labour 6 Variable manufacturing overhead 13 Fixed manufacturing overhead $400,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 150,000 The company has a desired ROI of 40%. It has invested assets of $24,900,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Markup...

  • Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected...

    Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total $14 una Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $400,000 5 130,000 The company has a desired ROI of 40%. It has invested assets of $24,700,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage...

  • just E. 8.4 c. What is the highest acceptable manufacturing cost Leno would be willing to...

    just E. 8.4 c. What is the highest acceptable manufacturing cost Leno would be willing to incur to produce the All-Body swimsuit, if it desired a profit of $25 per unit? (Assume target costing.) E8.4 (LO 2), AP Kaspar Corporation makes a commercial-grade cooking griddle. The following infor mation is available for Kaspar Corporation's anticipated annual volume of 30,000 units. Per Unit Total Direct materials $17 Direct labor $ 8 Variable manufacturing overhead $11 Fixed manufacturing overhead $300,000 Variable selling...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT