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Ayayai Corporation produces microwave ovens. The following unit cost information is available: direct materials $30, direct labor $20, variable manufacturing overhead $12, fixed manufacturing overhead

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Ayayai Corporation produces microwave ovens. The following unit cost information is available: direct materials $30, direct labor $20, variable manufacturing overhead $12, fixed manufacturing overhead $38, variable selling and administrative expenses $10, and fixed selling and administrative expenses $20. Its desired ROI per unit is $22.10. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, es. 10,50\%) Markup percentage % eTextbook and Media

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