Brief Exercise 21-05 x Your answer is incorrect. Try again. During the current year, Chudrick Corporation expects to produce 11,000 units and has budgeted the following: net income $220,000, variable costs $994,000, and fixed costs $106,000. It has invested assets of $1,100,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage Click if you would like to show Work for this question: Open Show Work