wenge Rate of Return New Product Hana Inc. is considering an investment in new equipment that will be used to manufacture smartphone the phone is expected to generational anal of 3.000 units $242 per unit. The equipment has a cost of $368,100 residual value of $27,700, and an 8-year life. The comment can only be used to cure the phone. The cotta manufacture the phone follows: Cost per un Direct labor 540.00 150.00 Direct materials Factory overhead (including depreciation) 25.45 Total cost per unit 5219:45 Determine the average rate of return on the equipment. If required, round to the nearest whole percent