Question: Please answer the pricing part at the bottom which is currently blank. * Question 1 Skysong Wheels manufactures personalized wagons for toddlers. Each wagon goes

Please answer the pricing part at the bottom which is currently blank.Please answer the pricing part at the bottom which is currently blank.

* Question 1 Skysong Wheels manufactures personalized wagons for toddlers. Each wagon goes through a woodworking process, painting, and assembly. Skysong Wheels produces and sells 6,900 wagons per year. Skysong Wheels' owners have invested $54,000 in the business and desire a return of 14%. Skysong Wheels costs include Variable Fixed $ 207,690 per year $ 27,600 per year $ 41 per wagon Direct labour services Office staff Materials Supplies Marketing Overhead $ 3.40 per wagon $ 1.40 per wagon $ $ $ 4,140 per year 2,070 per year 690 per year The selling and administrative costs should include supplies. * Question 1 Your answer is correct. Determine the mark-up percentage using (Round all entries to 2 decimal places, e.g. 15.25%.) Mark-up percentage 1. Absorption cost-based pricing 12.94 % % 179.03 2. Variable cost-based pricing 3. Total cost-based pricing 11.35 % Attempts: 2 of 3 used * Question 1 Determine the selling price for each mark-up percentage calculated in previous part. (Round all entries to 2 decimal places, e.g. 15.25.) Selling price 1. Absorption cost-based pricing $ 2. Variable cost-based pricing $ 3. Total cost-based pricing $ Attempts: 0 of 3 used

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