ube - Ch's 8,10 &12 Saved Help Sov TB MC Qu. 12A-31 Minden Corporation estimates that the following ... Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A: Number of units sold annually Required investment Unit product cost Selling and administrative expenses 45,000 $650,000 $ 44 $166,400 If the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 14% rate of return on investment (ROI, the required markup on absorption cost for Product A would be closest to: Multiple Choice 13, 45% If the company uses the absorption costing approach to cost-plus pricing describ markup on absorption cost for Product A would be closest to: Multiple Choice 13% 45% 14% 5%