During the current year, Chudrick Corporation expects to produce 11,000 units and has budgeted the following: net income $338, 100, variable costs $1, 120,000, and fixed costs $101,000. It has invested assets of $1, 470,000. The company's budgeted ROI was 23%. What was its budgeted ma percentage using a full-cost approach? (Round answer to 2 decimal places, e.g. 10.50.)