Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Per Unit Total Direct materials $390 Direct labour 290 Variable manufacturing overhead 80 Fixed manufacturing overhead $1,984,000 Variable selling and administrative expenses 50 Fixed selling and administrative expenses 341,000 The company has a desired ROI of 30%. It has invested assets of $51,150,000. It expects to produce 3,100 units each year. v (a) 2 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 0 decimal places, e.g. 5,250.) 31.515 Markup percentage 6510 Target selling price v (b) Calculate the markup percentage and target selling price using variable-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.) Markup percentage % Target selling price $ LINK TO TEXT