Carla Vista Corporation produces microwave units. The following per-unit cost information is available:
direct materials $38;
direct labour $22;
variable manufacturing overhead $17;
fixed manufacturing overhead $44;
variable selling and administrative expenses $16;
and fixed selling and administrative expenses $26.
Its desired ROI per unit is $30.44.
Calculate the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) .Markup percentage enter the markup percentages rounded to 2 decimal places %.