Exercise 12A-1 Absorption Costing

tion.com %2fpaamweb%2Find. rl=https%3A Reg ure https/ Saved Appendix 12A Assignment 0 Exercise 12A-1 Absorption Costing Approach to Cost-Plus Pricing [L012-8] Martin Company uses the absorption costing approach to cost-plus pricing it is considering the introduction of a new product determine a selling price, the company has gathered the following information: umber of units to be produced and sold each year 9,000 38 unit product cost Est imated annual selling and ad inistrative expenses Estinated investeent required by the conpany Desired return on investment (ROI) 5 25,20e s 360,ee 12% Print Required: 1 Compute the markup percentage on absorption cost required to achieve the desired ROI Reterences 2 Compute the selling price per unit (Do not round intermediete colculations. Round your answer to 2 decimal places.) 2. Selling price per unt Reference links DELL