ABC company sells an average of 5,000 units of products every year. It requires rate of return on investment of 10%. Based on following information, what mark-up percentage on absorption cost is needed to achieve the required return? Investment $100,000 Variable manufacturing cost $15 per unit Fixed manufacturing cost $25,000 Variable Selling and Administrative cost $6 per unit Fixed Selling and Administrative cost $35,000 Target Cost The management of Southern BBQ is planning on introduction of a new product - a compact meat smoker. At a selling price of $59 per unit, management projects sales of 30,000 units. Launching the smoker as a new product would require an investment of $500,000. The required return on investment is 19%. What is the target cost per smoker