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Pharoah Corporation produces industrial robots for high-precision manufacturing. The following information is given for Pharoah Corporation: The company has a desired ROI of 20%. It

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Pharoah Corporation produces industrial robots for high-precision manufacturing. The following information is given for Pharoah Corporation: The company has a desired ROI of 20%. It has invested assets of $51,000,000. It expects to produce 3,000 units each year. Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, e.g. 15.250\% and target selling price to 0 decimal places, e.g. 5.250.) Calculate the markup percentage and target seiling price using variable-cost pricing. (Round markup percentage to 3 decimal places, eg. 15.250 places, e.g. 5,250.)

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