ES Question 6 Cann Corporation produces Industrial robots for high-precision manufacturing. The following Information is given for Caan Corporation: Per Unit Total Direct materials $380 Direct labour 290 Variable manufacturing overhead 70 Fixed manufacturing overhead $2,100,000 Variable selling and administrative expenses 52 Fixed selling and administrative expenses 374,000 2 The company has a desired ROI of 30%. It has invested assets of $51,340,000. It expects to produce 3,400 units each year. (a) Your answer is correct. Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, e... 15.250% anc places, e.g. 5,250.) 345 Markup percentage % 6052 Target selling price SHOW SOLUTION LINK TO TEXT Attempts: 2 of 3 Target selling price Study SHOW SOLUTION LINK TO TEXT (b) Calculate the markup percentage and target selling price using variable-cost pricing. (Round markup percentage to 3 decima places, e.g. 5,250.) Markup percentage % Target selling prices LINK TO TEXT Firestor....exe MATH Question 5 Ahmed Corporation makes a mechanical stuffed alligator. The following Information is available for Ahmed Corporation's expected annual volume of 500,000 Per Unit Total Direct materials $15 Direct labour 7 Variable manufacturing overhead 11 Flxed manufacturing overhead $400,000 Variable selling and administrative expenses 7 Fixed selling and administrative expenses 180,000 The company has a desired ROI of 20%. It has invested assets of $24,500,000. (a) Your answer is incorrect. Try again. Collapse question part Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Ex Markup percentage 52.07 U% SHOW SOLUTION LINK TO TEXT LINK TO TEXT Attempts: 3 of 3 SHOW SOLUTION Review Score Review Results by Study Objective LINK TO TEXT LINK TO TEXT (b) x Your answer is incorrect. Try again. Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.259.) X 54.42 Markup percentage LINK TO TEXT LINK TO TEXT