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During the current year, Riverbed Corporation expects to produce 10,000 units and has budgeted the following: net income $260,000. variable costs $1,209,000, and fixed costs

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During the current year, Riverbed Corporation expects to produce 10,000 units and has budgeted the following: net income $260,000. variable costs $1,209,000, and fixed costs $91,000. It has imvested assets of $1,300,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %

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