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Concord Windows Inc. is in the process of setting a target price on...

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Accounting

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 4,560 units are as follows.
\table[[,Per Unit,Total,,],[Direct materials,$110,,,],[Direct labor,$,60,,],[Variable manufacturing overhead,$020,,,],[Fixed manufacturing overhead,,,$136,800,],[Variable selling and administrative expenses,$010,,,],[Fixed selling and administrative expenses,,,$116,280,]]
Concord Windows uses cost-plus pricing methods that are designed to provide the company with a 25% ROI on its tinted window line. A total of $1,158,240 in assets is committed to production of the new tinted window.
(a)
Your answer is incorrect.
Compute the markup percentage under absorption-cost pricing that will allow Concord Windows to realize its desired ROI.
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