Carla Vista Co. has variable manufacturing costs per unit of $29, and fixed manufacturing cost per unit of $16. Variable selling and administrative costs per unit are $3, while fixed selling and administrative costs per unit $8. Maggie desires an ROI of $7.90 per unit. If Carla Vista Co. uses the absorption-cost approach, what is its markup percentage?

14.11%

42.00%

5.64%

19.75%