Compute the markup percentage and target selling price that will allow Bonita Manufacturing to earn a 30% return on investment (Round your answers to 2 decimal places, e.g. 10.50.) Markup percentage % Target selling price Bonita Manufacturing is in the process of setting a selling price on a new product it has just developed. The following data is available from the accounting department based on a budgeted volume of 100,000 units. Bonita Manufacturing management requests the total cost per unit be used in cost-plus pricing its products. In addition, management requests that the target price be set to provide a 30% return on investment on invested assets of $1,740,000. Assume that the budgeted volume is 90,000 units and the invested assets for this product are $1,392,000 instead. Compute the markup percentage and target selling price for Bonita Manufacturing to earn a 30% return on investment. fRound answers to 2 decimal places, e.8. 10.50% or 10.50. .) Markup percentage % Target selling price