Cullumber Corporation produces microwave units. The following per$-$unit cost information is available: direct materials $$35$; direct labour $$24$; variable manufacturing overhead $$16$; fixed manufacturing overhead $$41$; variable selling and administrative expenses $$14$; and fixed selling and administrative expenses $$28.$ Its desired ROl per unit is $$27\mathrm{.}60.$ Calculate the markup percentage using the absorption$-$cost approach. $($Round answer to $2$ decimal places, e$.$g$.$Cullumber Corporation produces microwave units. The following per$-$unit cost information is

available: direct materials $$35$; direct labour $$24$; variable manufacturing overhead $$16$; fixed

manufacturing overhead $$41$; variable selling and administrative expenses $$14$; and fixed

selling and administrative expenses $$28.$ Its desired ROI per unit is $$27\mathrm{.}60.$ Calculate the

markup percentage using the absorption$-$cost approach. $($Round answer to $2$ decimal places, e$.$g$.$

$15\mathrm{.}25\%.)$

Markup percentage

$15\mathrm{.}25\%.)$

Markup percentage

$\%$

e Textbook and Media