Lovell Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 45.000 units Total Per Unit $46 $26 $17 Direct materials Direct labor Variable manufacturing overhead Fored manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $495.000 $15 $360.000 Lovell Computer Partsmanagement requests that the total cost per unit be used in cost-plus pricing its products. On this particular product management also directs that the target price be set to provide a 18 return on investment (Roll on invested set of 51.000.000 Computer the percentage and telling price that will low Lovell Computer Parts to earn its desired ROI of 18% on component Hound markup percentage to 2 decimal places 10.50%) 5 R D G H K 2x X C B N 32 command oplice Compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired ROI of 18% on this new component. (Round markup percentage to 2 decimal places, ed. 10.50%.) Markup percentage X Target selling price $ eTextbook and Media Asuming that the volumes 36,000 units.compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired Rol of 18% on this ow component. (Round answers to 2 decimal places es 10.03. or 10.500 Marko percentage Tuge selling orice 5 textbook and Media Attempts of used 5 7 R U 0 P D F G J K C B N M