Brief Exercise 8-5 During the current year, Chudrick Corporation expects to produce 9,000 units and has budgeted the following: net income $198,000, variable costs $891,000, and fixed costs $99,000. It has invested assets of $900,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Show work (required) Brief Exercise 8-7 The Heating Division of Kobe International produces a heating element that it sells to its customers for $46 per unit. Its variable cost per unit is $26, and its fixed cost per unit is $11. Top management of Kobe International would like the Heating Division to transfer 14,900 heating units to another division within the company at a price of $27. The sion is operating at full capacity. What is the minimum transfer price that the Heating Division should accept? Show work (required) and make sure to explain your answer. Explanation is what counts, not number itself In this