During the current year, Ivanhoe Corporation expects to produce 10,000 units and has budgeted the following: net income $300,000; variable costs $1,090,000; and fixed costs $110,000. It has invested assets of $2,374,000. What was the companys budgeted ROI? What was its budgeted markup percentage using a total cost approach?

Budgeted ROI per unit $?

Budgeted markup percentage %