Please complete the ENTIRE problem

t year. Cravings requires a 12% target return on investment. Expected costs for next year are: (Click the icon to view the costs.) avings prices the cases of candy at full cost plus markup to generate profits equal to the target return on capital. ad the requirements. quirement 1. What is the target operating income? (Enter the percentage as a whole number.) x J = Target operating income 1. What is the target operating income? 2. What is the selling price Cravings needs to charge to earn the target operating income? Calculate the markup percentage on full cost. 3. Cravings is considering increasing its selling price to $14 per case. Assuming production and sales decrease by 5%, calculate Cravings' return on investment. Is increasing the selling price a good idea