EGNMENT 9 Question 4 of 18 0/3 View Policies Show Attempt History Current Attempt in Progress x Your answer is incorrect. Pharoah Corporation produces microwave units. The following per-unit cost information is available: direct materials $38: direct labour $22: variable manufacturing overhead $20, fixed manufacturing overhead $43: variable selling and administrative expenses $16; and fixed selling and administrative expenses $27. Its desired ROI per unit is $32. Calculate its markup percentage using a total cost approach. (Round answer to 2 decimal places, eg. 15.25%) Markup percentage 61 %