Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit $380 280 70 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,711,000 74 290,000 The company has a desired ROI of 30%. It has invested assets of $51,910,000. It expects to produce 2,900 units each year. v (a) Your answer is partially correct. Try again. 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 o decimal places, e.g. 5,250.) 412.42 Markup percentage % 6864 Target selling price