Please help me with all answers thanku Concord Products desires to set a target price for its newest product. Information for a budgeted volume of 8,000 units is shownbelow.Direct materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadVariable selling and administrative expensesFixed selling and administrative expensesMarkup PercentagePTarget price $Per Unit$116Markup percentage$$ 41Target price $66$ 15Concord Products uses cost-plus pricing and management wants a 25% ROI on the new product. Assets of $1,400,000 are committedto production of the new product.Compute the markup percentage under variable costing that will allow Concord Products its desired ROI. (Round answer to 2decimal places, e.g. 10.50%)%Total$ 50,000Compute the target price of the new product under variable-cost-pricing. (Round answer to 2 decimal places, eg. 10.50.)$ 70,000Compute the markup percentage under absorption-costing that will allow Concord Products its desired ROI. (Round answer to 2decimal places, e.g. 10.50 %)%Compute the target price of the new product under absorption-costing. (Round answer to 2 decimal places, eg. 10.50.)

Markup percentage:The amount by which a product's cost is raised to determine its selling price is…

Compute the target price of the new product under variable-cost-pricing. (Round answer to 2 decimal places, e.g. 10.50.) Target price $ Compute the markup percentage under absorption-costing that will allow Concord Products its desired ROI. (Round answer to 2 decimal places, eg. 10.50%) Markup percentage