Blue Spruce Corporation produces microwave ovens. The following unit cost information is available: direct materials $32, direct labor $25, variable manufacturing overhead $12, fixed manufacturing overhead $48, variable selling and administrative expenses $15, and fixed selling and administrative expenses $28. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage %

Blue Spruce Corporation produces microwave ovens. The following unit cost information is available: direct materials 532 , direct labor fixed selling and administrative expenses $28. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round onswer to 2 decimal places, e.s. 10.50\%.) Markup percentage