Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total Direct materials $16 Direct labour 7 Variable manufacturing overhead 11 Fixed manufacturing overhead $400,000 Variable selling and administrative expenses Fixed selling and administrative expenses 180,000 The company has a desired ROI of 30%. It has invested assets of $24,300,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, eg. 15.25%.) 14.58 % Markup percentage e Textbook and Media X Your answer is incorrect. Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, eg. 15.25%) 14.58 % Markup percentage