*Please answer part (b)*

Sandhill Corporation produces industrial robots for high-precision manufacturing. The following information is given for Sandhill Corporation: The company has a desired ROI of 20%. It has invested assets of $51,330,000. It expects to produce 2,900 units each year. (a) Your answer is correct. 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.) eTextbook and Media Attempts: 1 of 3 used (b) Calculate the markup percentage and target selling price using variable-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 .)