Determine the price for the part using a markup of 37% of full manufacturing cost. 2. Determine the price for the part using a markup of 24% of full life-cycle cost. 3. Determine the price for the part using a desired gross margin percentage to sales of 40% 4. Determine the price for the part using a desired life-cycle cost margin percentage to sales of 29%. 5. Determine the price for the part using a desired before-tax return on investment of 12%. 6. Determine the total contribution margin and total operating profit for each of the methods in requirements 1 through 5. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Determine the total contribution margin and total operating profit for each of the methods in requirements 1 through 5. (Do not round intermediate calculations.) Method Markup on full manufacturing cost Markup on life cycle costs Price to achieve desired GM % Price to achieve desired LCC % Price to achieve desired ROA of 12% Contribution Margin Required 6 Operating Profit Variable manufacturing Variable selling and administrative Facility-level fixed overhead Fixed selling and administrative Batch-level fixed overhead Total investment in product line Expected sales (units) Total Costs $ 4,662,000 837,650 2,327,875 657,495 342,000 22,332,000 59,000