Perwin Corporation estimates that an investment of $$740,000$ would be needed to produce and sell $52,000$ units of Product B each year. At this level of activity, the unit product cost would be $$30.$ Selling and administrative expenses would total $$813,300$ 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 B would be closest to: $($Do not round intermediate calculations.$)$

Multiple Choice

$52\mathrm{.}13\%$

$15\mathrm{.}00\%$

$$

$47\mathrm{.}87\%$

$59\mathrm{.}25\%$