5. (15 points) Excel Manufacturing is planning to make and sell 5,000 units of its only product, Excel-A. Excel is considering a variety of methods to determine the price of the order. Some key information about Excel follows: Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Mfg. Overhead Fixed Selling and Administrative Batch-level Fixed Mig. Overhead Total Investment in Product Line Total Costs $650,000 125,000 700,000 200,000 50,000 2,000,000 Required: I. Determine the price using the markup of 40% of full manufacturing costs 2, Determine the price using a 20% markup on life cycle costs. 3, Determine the price assuming a desired 50% gross margin percentage. 4, Determine the price assuming a desired 30% return on life cycle costs. 5. Determine the price assuming a desired 20% return on investment