Need Req 2 and 3

Quick Stop makes candy bars for vending machines and sells them to vendors in cases of 30 bars. Although Quick Stop makes a variety of candies, the cost differences are insignificant, and the cases all sell for the same price. Quick Stop has a total capital investment of $14,000,000. It expects to produce and sell 650,000 cases of candy next year. Quick Stop requires a 12% target return on investment. Expected costs for next year are: (Click the icon to view the costs.) Quick Stop prices the cases of candy at full cost plus markup to generate profits equal to the target return on capital. Read the requirements. Requirement 2. What is the selling price Quick Stop needs to charge to earn the target operating income? Calculate the markup percentage on full cost. To earn the target operating income, on a per unit basis, Quick Stop must charge Now calculate the markup percentage on full cost. (Round intermediary calculations to the nearest cent. Round the markup on full costs as a percentage rounded to two decimals, X.XX\%.) The markup percentage on full cost is %. Requirement 3. Quick Stop is considering increasing its selling price to $11 per case. Assuming production and sales decrease by 3%, calculate Quick Stop's return on investment. Is increasing the selling price a good idea? (Enter your answer as a percentage to rounded two decimal places, X.XX%.) Quick Stop's return on investment is %. Data table Data table Quick Stop makes candy bars for vending machines and sells them to vendors in cases of 30 bars. Although Quick Stop makes a variety of candies, the cost differences are insignificant, and the cases all sell for the same price. Quick Stop has a total capital investment of $14,000,000. It expects to produce and sell 650,000 cases of candy next year. Quick Stop requires a 12% target return on investment. Expected costs for next year are: (Click the icon to view the costs.) Quick Stop prices the cases of candy at full cost plus markup to generate profits equal to the target return on capital. Read the requirements. Requirement 2. What is the selling price Quick Stop needs to charge to earn the target operating income? Calculate the markup percentage on full cost. To earn the target operating income, on a per unit basis, Quick Stop must charge Now calculate the markup percentage on full cost. (Round intermediary calculations to the nearest cent. Round the markup on full costs as a percentage rounded to two decimals, X.XX\%.) The markup percentage on full cost is %. Requirement 3. Quick Stop is considering increasing its selling price to $11 per case. Assuming production and sales decrease by 3%, calculate Quick Stop's return on investment. Is increasing the selling price a good idea? (Enter your answer as a percentage to rounded two decimal places, X.XX%.) Quick Stop's return on investment is %