Please help me with my accounting hw I am having issues finding the correct answer for this problem. Please and thank you for helping me.
Williams Inc. produces a single product. a part used in the manufacture of automobile transmissions. Known for its quality and performance, the part is sold to luxury auto manufacturers around the world. Because this is a quality product, Williams has some exibility in pricing the part. The firm calculates the price using a variety of pricing methods and then chooses the final price based on that information and other strategic information. A summary of the key cost information follows. Williams expects to manufacture and sell 50,000 parts in the coming year. While the demand for Iir'il'illiams's part has been growing in the past 2 years, management is not only aware of the cyclical nature of the automobile industry, but also concerned about market share and profits during the industry's current downturn. Total Costs Variable manufacturing 5 1 , 630 , GOD Variable selling and administrative 355 . 650 Facil ity- level fixed overhead 2 , 345 , 375 Fixed selling and administrative 675,495 Bateb- level fixed overhead 360 , 000 Total investment in product line 22 , 350 , MID Expected sales (units) 50,000 | Required: 1. Determine the price for the part using a markup of 45% of full manufacturing cost. 2. Determine the price for the part using a markup of 25% of full life-cycle cost. 3. Determine the price for the part using a desired gross margin percentage to sales of 40%. 4. Determine the price for the part using a desired life-cycle cost margin percentage to sales of 25%. 5. Determine the price for the part using a desired before-tax return on investment of 15%. 6. Determine the total contribution margin and total operating prot for each of the methods in requirements 1 through 5. Complete this question by entering your answers In the tab: below. Required 1 Required 2 Required 3 Required 4- Required 5 Required 6 Determine the pr1ce for the part using a desired life-cycle cost margin percentage In HIE of 25%. (Round your intermediate calculations and answer on 4 decimal places.)