Question: urgent Current Attempt in Progress Culver Computer Parts inc is in the process of setting a selling price on a new component it has just

Current Attempt in Progress Culver 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 entimates for this new component have been provided by the accounting departmoent for a budgeted volume of 58,000 units Culves Compenter Parts maragenenit requests that the total unit cost be used in cost pius pricing its products. On this particular product. managniment also directs that the target price be set to provide a 25% return on investment (ROU) en imvested assets of Sticoion Cumphte the makup pertentage and target silling price that will allow Culver Computer Parts to ean its desired AO of 255 on Cuiver Computer Parts management requests that the total unit cost be used in cost-pus pringit produc 5 Gn this parting 51,160,000 Compute the markup percentage and target selling price that will allow Culver Computer parts to earnits ol 4 ifg fol of 25 son on this new component. (Round markup percentage to 2 decimal places, eg 1050% ) Markup percentage % Target selling price Assuming that the volume is 46,400 units compute the markup percentage and target selling orice that will allow C culver Computer Parts to earn its desired ROI of 2596 on this new component, (Round answers to 2 decimal plocen 5.10.50% of 1250 ) Markap percentage 36 Target seling price
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