Current Attempt in Progress Blossom Company has invested $2,400,000 in assets to produce 8,000 units of its finished product. Blossom's budget for the year is as follows: net income, $240,000; variable costs, $1,920,000; fixed costs, $80,000. Compute each of the following: (Round answers to 1 decimal place, e.g. 15.2%) 1. Budgeted ROI 2. Markup percentage using the total cost approach