Wildhorse Corporation produces industrial robots for high$-$precision manufacturing. The following information is given for Wildhorse

Corporation:

The company has a desired ROI of $20\%.$ It has invested assets of $$51,340,000.$ It expects to produce $3,400$ units each year.

$($a$)$

Your answer is partially correct.

Calculate the markup percentage and target selling price using absorption$-$cost pricing. $($Round markup percentage to $3$ decimal

places, e$.$g$.15\mathrm{.}250\%$ and target selling price to $0$ decimal places, e$.$g$.5,250.)$

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$($b$)$

$$ Your answer is incorrect.

Calculate the markup percentage and target selling price using variable$-$cost pricing. $($Round markup percentage to $3$ decimal places,

e$.$g$.15\mathrm{.}250\%$ and target selling price to $0$ decimal places, e$.$g$.5,250.)$

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