Schwenn Products, a bicycle manufacturer, uses normal volume as the basis for setting prices. That is, it sets prices on the basis of long-term volume predictions and then adjusts these prices only for large changes in pay rates or materials prices. You are given the following information: Materials, wages, and other variable costs Fixed costs Target return on investment (ROI) Normal volume Investment (average total assets) $ 300 per unit $ 200,000 per year 258 1,500 units per year $1,000,000 Required: 1. What sales price is needed to attain the 25% target ROI? 2. What ROI rate will be earned at sales volumes of 2,000 and 1,000 units, respectively, using the sales price you determined in requirement 1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What sales price is needed to attain the 25% target ROI? Selling price per unit What ROI rate will be earned at sales volumes of 2,000 and 1,000 units, respectively, using the sales price you determined in requirement 1? 2,000 units 1,000 units Return on investment (ROI)