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Part 1 Compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired ROI of 24% on this

Part 1 Compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired ROI of 24% on this new component. (Round markup percentage to 2 decimal places, eg. 10.50%) Markup percentage % Target selling price Part 2 Assuming that the volume is 38,400 units, compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired ROI of 24% on this new component. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Markup percentage % Target selling price $

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