help with part B please

CALCULATOR FULL SCREEN PRETIR VERS 4 & RACK NEX Problem 8-2A (Part Level Submission) (Video) Lovell Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 52,000 units. Per Unit Total Direct materials $45 Direct labor $21 Variable manufacturing overhead $15 Fixed manufacturing overhead $624,000 Variable selling and administrative expenses $17 Fixed selling and administrative expenses 3460,000 Lovell Computer Parts management requests that the total cost per unit be used in cost plus pricing its products. On this particular product, management also directs that the target price be set to provide a 26% return on investment (ROD) on invested assets of $1,000,000 (a) Your answer is correct. Compute the markup percentage and target selling price that will allow Lovell Computer Parts to earn its desired ROI of 26% on this new.component (roond markuo percentage to 2 decimal places, eg. 10.5046.) Markup percentage 4.201 Target selling price 124.00 Click if you would like to Show Work for this question Open Show Work CALERATOR FLOREEN PRINT VERDUN Markup percentage NEXT 4.20 NG Target selling price 124.00 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO Attempts: 1 of 10 used (b) Assuming that the volume is 41,600 units, compute the markup percentage and target selling price that wil allow Lovell Computer Parts to sum its desired ROI of 26% on this new component. (Round answers to 2 decimal places... 10.50% ar 10.50.) Markup percentage Target selling price Click if you would like to Show Work for this questions Open Show Work Attempts: 0 of 10 used LAVE POR LATIN BUNIT