70252Fucumberlands.blackboard.com%252Fwebapps%252Fblackboard%252Fexecute%252 AM i Saved TB MC Qu. 15-63 Longwood, Inc. manufactures various... Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estim Variable costs: Manufacturing $456, 000 Selling and Administrative 106, 000 Total variable costs $ 562,000 Fixed costs: Manufacturing $306, 090 Selling and Administrative 186, 000 Total fixed costs 492, 000 ces Total costs $1, 054, 000 The average amount of capital invested in the laptop product line is $960,000 and Longwood's target return on investment is 20% If Longwood uses cost-plus pricing based on absorption cost, the markup percentage the company must use would be