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Current Attempt in Progress Crane Corporation produces industrial robots for high-precision manufacturing. The following information is given for Crane Corporation: The company has a desired

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Current Attempt in Progress Crane Corporation produces industrial robots for high-precision manufacturing. The following information is given for Crane Corporation: The company has a desired ROI of 20%. It has invested assets of $51,000,000. It expects to produce 2,500 units each year. Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, eg. 15.250\% and target selling price to 0 decimal places, eg. 5,250.) Markup percentage % Target selling price

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