Anderson Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the window at a budgeted volume of 3,500 units are as follows. Per Unit Total Direct materials $ 100 Direct labor $ 65 Variable manufacturing overhead $ 15 Fixed manufacturing overhead $ 87,500 Variable selling and administrative expenses $ 10 Fixed selling and administrative expenses $ 80,500 Anderson Windows uses cost-plus pricing methods that are designed to provide the company with a 20% ROI on its tinted window line. A total of $1,000,000 in assets is committed to production of the new tinted window. Collapse question part (a) Compute the markup percentage under absorption-cost pricing that will allow Anderson Windows to realize its desired ROI. (Round answer to 2 decimal places, e.g. 10.50.)

Markup Percentage %

Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

Expand question part (c) The parts of this question must be completed in order. This part will be available when you complete the part above.

Expand question part (d) The parts of this question must be completed in order. This part will be available when you complete the part above.