Use the following information to answer questions 5-8 (10 points total) Total production costs Desired profit in dollars Desired return on investment Selling, general & administrative expenses Number of units to be produced Assets Invested (Average assets) 5. Calculate the markup percentage, $ 950,000 $ 50,000 20 percent $330,000 40,000 units $325,000 6. Calculate the total production costs per unit 7. What is the gross-margin based sales price? 8. Using the above information, calculate the return on assets-based sales price.