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find the answer to the ones with red mark Martin Company is considering the introduction of a new product To determine a selling price, the

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Martin Company is considering the introduction of a new product To determine a selling price, the company has gathered the following information: Number of unts to be produced and sold each year Unit product cost Projected annual selling and administrative expenses Estimated investment required by the company Desired return on investment (RO 19,500 35 $ 56,000 $ 440,000 19% The company uses the absorption costing approach to cost-plus pricing Required: 1. Compute the markup required to achieve the desired ROI. (Round your Required ROI answers to the nearest whole percentage (i.e,0.1234 should be entered as 12). Round your "Markup Percentage" answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34.) Answer is complete but not entirely correct Required ROI S 440 000 Selling and administrative expenses Total production cost 56.000 682 500 0 Unit product cost per unit Unit sales 35 19,500 682,500 Total salets Markup percentage 11.32 % 2 Compute the selling price per unit (Round your intermediate and final answers to 2 decimal places.) & Answer is complete but not entirely correct. Unit product cost Markup Selling price per unit S 37.87 4.29 3 S 42.16

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