Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plens cell for the production and sale of 1,000 units, with estimated costs as follows Variable costs: Manufacturing Selling and Administrative $463,000 113,000 Total variable costs $ 576,000 Fixed costs: Manufacturing $313,000 Selling and Administrative 193,000 Total fixed costs Total costs 506,000 $1,082,000 The average amount of capital invested in the leptop product line is $870,000 and Longwood's target return on investment is 20% If Longwood uses cost-plus pricing based on absorption cost, the markup percentage the company must use would be Mule Choice 0 O O 1600% 2190% O 29.97 None of the answers