Please solve and highlight or underline answer

Perwin Corporation estimates that an investment of $885,000 would be needed to produce and sell 48,000 units of Product B each year. At this level of activity, the unit product cost would be $25. Selling and administrative expenses would total $481,500 each year. The company uses the absorption costing approach to cost-plus pricing described in the text. If a 24.0% rate of return on investment is desired, then the required markup for Product B would be closest to: o 24% 52% 58% o 61%