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\% ROI on the new product. Assets of $1,400,000 are committed to production of the new product. Concord Products uses cost-plus pricing and management wants a 25% ROI on the new protluct. 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 onswer to 2 decimal places, eg. 10.50%.) Markup Percentage Compute the target price of the new product under variable-cost pricing. (Round answer to 2 decimal places, es. 10.50.) Compute the markup percentage under absorption-costing that will allow Concord Products its desired ROI. (Round answer to 2 decimal ploces, 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.) Tarbet price