Help TB MC Qu. 12A-28 Ladle Corporation uses the absorption costing ... Ladle Corporation uses the absorption costing approach to cost-plus pricing described in the text to set prices for its products. Based on budgeted sales of 82.000 units next year, the unit product cost of a particular product is $45.40. The company's selling and administrative expenses for this product are budgeted to be $1.899,000 in total for the year. The company has invested $263,000 in this product and expects a return on investment of 17% The markup on absorption cost for this product would be closest to Multiple Choice 510% O 68.2 52.2% 17.0% 0