Bolus Computer Parts Ltd. is setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 57,500 units:

		Per Unit		Total
Direct materials		$51
Direct labour		25
Variable manufacturing overhead		18
Fixed manufacturing overhead				$747,500
Variable selling and administrative expenses		24
Fixed selling and administrative expenses				517,500

Bolus Computer Parts' management requests that the total cost per unit be used in the cost-plus pricing of products. On this particular product, management also directs that the target price be set to provide a 20% return on investment on invested assets of $1,437,500.

Calculate the markup percentage and target selling price that will allow Bolus Computer Parts to earn its desired ROI of 20% on this new component. (Round mark-up percentage to 2 decimal places, e.g. 15.25% and target selling price to 0 decimal places, e.g. 125.)

Mark-up percentage				%
Target selling price			$

Assuming that the volume is 46,000 units, calculate the markup percentage and target selling price that will allow Bolus Computer Parts to earn its desired ROI of 20% on this new component. (Round answers to 2 decimal places, e.g. 15.25% or 15.25.)

Mark-up percentage				%
Target selling price		$