Perwin Corporation estimates that an investment of $580,000 would be needed to produce and sell 36.000 units of Product Beach year. At this level of activity, the unit product cost would be $30. Selling and administrative expenses would total 5531.300 each year. The company uses the absorption costing approach to cost plus pricing described in the text: If a 15% rate of return on investment is desired, then the required markup for Product would be closest to: (Do not round intermediate calculations.) Multiple Choice 49.194 5725 5 1500 50 819