During the current year, Ivanhoe Corporation expects to produce 10,000 units and has budgeted the following: net income $324,000; variable costs $972,000; and fixed costs $378,000. It's investment in assets is $1,890,000. The company's budgeted ROI is 15%. What is its budgeted markup percentage using the full-cost approach? (Round your intermediate calculations rounded to 2 decimal places, e.g. 52.75. Round answer to 0 decimal places, e.g. 20\%.) Budgeted markup percentage %