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Absortion-cost pricing and Variable-cost pricing for (Markup percentage and Target selling price) Oriole Corporation produces industrial robots for high-precision manufacturing. The following information is given
Absortion-cost pricing and Variable-cost pricing for (Markup percentage and Target selling price)
Oriole Corporation produces industrial robots for high-precision manufacturing. The following information is given for Oriole Corporation: The company has a desired ROI of 30%. It has invested assets of $51,030,000. It expects to produce 2,700 units each year. (a) Your answer is partially correct. Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, e.g. 15.250% and target selling price to 0 decimal places, e.g. 5,250.) eTextbook and Media Last saved 1 second ago. Attempts: 2 of 3 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. (b) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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