Concord Windows Inc. is in the process of setting a target price on its newly designed tinted window. Cost data relating to the window at a budgeted volume of units are as follows.
tablePer Unit,Total,,Direct materials,$Direct labor,$Variable manufacturing overhead,$Fixed manufacturing overhead,,,$Variable selling and administrative expenses,$Fixed selling and administrative expenses,,,$
Concord Windows uses costplus pricing methods that are designed to provide the company with a ROI on its tinted window line. A total of $ in assets is committed to production of the new tinted window.
a
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Compute the markup percentage under absorptioncost pricing that will allow Concord Windows to realize its desired ROI.
