a) 36%

b) 17%

c) 14%

d) 23%

Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A: Number of units sold annually Required investment Unit product cost Selling and administrative expenses $109,060 23,000 $430,000 $ 2:2 If the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 17% rate of return on investment (ROI), the required markup on absorption cost for Product A would be closest to