Question 6 Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Per Unit Total $390 290 80 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,984,000 50 341,000 The company has a desired ROI of 30%. It has invested assets of $51,150,000. It expects to produce 3,100 units each year. (a) Your answer is partially correct. Try again. 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 o decimal places, e.g. 5,250.) 317.308 Markup percentage % 6510 Target selling price LINK TO TEXT