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Question 6 caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit $400 290 80 Direct

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Question 6 caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit $400 290 80 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead $1,830,000 Variable selling and administrative expenses Fixed selling and administrative expenses 360,000 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. 68 Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places places, e.g. 5,250.) Markup percentage 96 Target selling price $

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