Martin Company is considering the introduction of a new product. To determine a selling price, the company has gathered the following information:

Number of units to be produced and sold each year 11,500

Unit product cos t$50

Projected annual selling and administrative expenses $72,000

Estimated investment required by the company $540,000

Desired return on investment (ROI)18%

The company uses the absorption costing approach to cost-plus pricing.

Required:

1. Compute the markup required to achieve the desired ROI. (Round your Required ROI answers to the nearest whole percentage (i. e, 0.1234 should be entered as 12). Round your "Markup Percentage" answers to 2 decimal places (i. e., 0.1234 should be entered as 12.34.))

2. Compute the selling price per unit. (Round your intermediate and final answers to 2 decimal places.)

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

250 tickets needs to be sold.

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent