Current Attempt in Progress Bonita Inc. is the only player in the classy snow shovel market. The variety of shovel designs includes camouflage (both green and pink; of course), snowman, beach, and northern lights. Bonita purchass basic aluminum snow shovels from a supplier, applies its durable designs, and sells the shovels for $30 each, Last year, the company generated $54,000 in operating income, based on the following details, This year, the company realizes that its operating expenses will increase by $16,000 and its direct labor costs will increase by 20% per unit. What markup percentage on total cost did the company use last year when it generated $54.000 in operating income? (Round answer to 2 decimal places, e.8, 15.25\%.) Markup percentage %