(Appendix 12A) The Sloan Company must invest \\( \\$ 120,000 \\) to produce and market 16,000 units of Product \\( X \\) each year. Other cost information regarding Product \\( X \\) is as follows: If Sloan Company requires a \15 return on investment, what would be the markup percentage on absorption cost for Product \\( \\mathrm{X} \\), rounded to the nearest percent? Multiple Choice \16 \22 \29 \41