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Blossom Corporation makes a mechanical stuffed alligator. The following information is available for Blossom Corporation's expected annual volume of 5 0 0 , 0 0

Blossom Corporation makes a mechanical stuffed alligator. The following information is available for Blossom Corporation's expected annual volume of 500,000 units: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Unit $206104 Total $4000001730000 The company has a desired ROI of 20%. It has invested assets of $22,000,000. using variable cost pricing, Calculate the markup percentage. (Round answer to 2 decimal points)

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