1. Assume that the company uses the absorption approach to cost-plus pricing. a_Compute the markup that the company needs on the pads to achieve a 24% return on investment (ROI) it it sells all of the pads it can produce. b. Using the markup you have computed, prepare a price quotation sheet for a single sleeping pad. c.Assume that the company is able to sell all of the pads that it can produce. Prepare an income statement for the first year of activity and compute the company's ROI for the year on the pads, using the ROI tormulatrom Chapter 11