TB MC Qu. 13A-31 (Algo) Minden Corporation estimates that the following... Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A: Number of units sold annually Required investment Unit product cost Selling and administrative expenses 30,000 $ 500,000 $ 29 $ 222,100 If the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 13% rate of return on investment (ROI), the required markup on absorption cost for Product A would be closest to: Multiple Choice 33% 30%