Oriole Corporation produces industrial robots for high-precision manufacturing. The following information is given for Oriole Corporation: The company has a desired ROI of 30%. It has invested assets of $51,030,000. It expects to produce 2,700 units each year. (a) Calculate the markup percentage and target selling price using absorption-cost pricing. (Round markup percentage to 3 decimal places, e.g. 15.250% and target selling price to 0 decimal places, e.g. 5,250.) eTextbook and Media Attempts: 3 of 3 used (b) Calculate the markup percentage and target selling price using variable-cost pricing. (Round markup percentage to 3 decimal places, e.g. 15.250% and target selling price to 0 decimal places, e.g. 5,250 .)
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