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* flexibility 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 Williams'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 $ 4 , 680 , 000 Variable selling and administrative* $55 , 650 Facility - Level Fixed overhead 2 , 345 , 875 Fixed Belling and administrative* 675 , 195 Batch - Level Fixed overhead 360 , 000 Total investment in product line 22 , 350 , 000 Expected BaLEE (unite !* 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 profit for each of the methods in requirements I through 5 . Complete this question by entering your answers in the tabs below . Required 1 Required 2 Required 3 Required 4 Required 5 Required { Determine the total contribution margin and total operating profit for each of the methods in requirements 1 through 5 . 'Round your intermediate calculations to $ decimal places . ] Method Contribution Margin Operating Profit Markup on full manufacturing cost Markup on life cycle costs Price to achieve desired GM` Price to achieve desired LEC ` Price to achieve desired ROA Of 15%