Dexter, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estimated costs as follows: 
The average amount of capital invested in the laptop product line is $900,000 and Dexter's target return on investment is 18%.
If Dexter uses cost-plus pricing based on absorption cost, the markup percentage the company must use would be:
Definitions:
User Needs
User needs refer to the requirements and preferences of the end-users that a product, service, or system aims to fulfill.
Specialized Journals
Accounting books or ledgers used to record and track transactions of a similar type, such as sales or purchases, for efficient processing.
Original Entry
Describes the initial recording of a financial transaction in the accounting records or journal, marking the first phase in the accounting cycle.
Specialized Journals
Accounting journals designed for recording specific types of financial transactions, streamlining the accounting process.
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