Schopp corporation | Accounting homework help
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. The company has a desired ROI of 25%. It has invested assets of $27,207,000. Compute the total cost per unit. (Round answer to 2 decimal places, e.g. 10.50.)