Question 30 Nance Corporation is about to be a te probe. These sold each year. Per Una Variable production costs $ 10 $320.000 Foxed production costs $7 $224000 Variable selling and administrative Co$ 3 $9.000 Fixed selling and administrative costs $5 $160.000 Nance Corporation uses the absorption costing coroach to consola picat decided to the we Assume that the company has not yet determined a markup to use on the new product. The se investment of $1,420.000. The company requires a 30% rate of return on investeelepels absorption costing approach would be closest to, 100.0% 95.4% 78.3% 12545