During the current year, Sheridan Corporation expects to produce $10,000$ units and has budgeted the following: net income $$350,000$; variable costs $$1,290,000$; and fixed costs $$110,000.$ It has invested assets of $$2,100,000.$ What was the company's budgeted ROI? What was its budgeted markup percentage using a total cost approach?

Budgeted ROI per unit

Budgeted markup percentage

$\%$

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