During the current year, Swifty Corporation expects to produce 11,000 units and has budgeted the following: net income $363,000, variable costs $1,109,000, and fixed costs $101,000. It has invested assets of $1,815,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %

During the current year, Swifty Corporation expects to produce 11,000 units and has budgeted the following: net income $363,000, variable costs $1,109,000, and fixed costs $101,000. It has imvested assets of $1,815,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %