Question: Current Attempt in Progress Cheyenne Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating

Current Attempt in Progress Cheyenne Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the window at a budgeted volume of 4,000 units are as follows. Per Unit Total Direct materials $ 102 Direct labor 67 Variable manufacturing overhead 16 Fixed manufacturing overhead $ 140,000 Variable selling and administrative expenses 15 Fixed selling and administrative expenses $ 156,000 Cheyenne Windows uses cost-plus pricing methods that are designed to provide the company with a 30% ROI on its tinted window line. A total of $1.040,000 in assets is committed to production of the new tinted window. (a) Compute the markup percentage under absorption-cost pricing that will allow Cheyenne Windows to realize its desired ROI. Markup Percentage eTextbook and Media Assistance Used

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