Concord Products desires to set a target price for its newest product. Information for a budgeted volume of 8,000 units is shown below. Concord Products uses cost-plus pricing and management wants a 25% ROl on the new product. Assets of $1,400,000 are committed to production of the new product. Compute the markup percentage under variable costing that will allow Concord Products its desired ROI. (Round answer to 2 decimal places, e.g. 10.50\%.) Markup Percentag Compute the target price of the new product under variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50.) Target price $ Compute the markup percentage under absorption-costing that will allow Concord Products its desired ROI. (Round answer to 2 decimal places, eg. 10.50\%) Markup percentage Compute the target price of the new product under absorption-costing. (Round answer to 2 decimal places, es. 10.50.) Targetprice $