Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $19, direct labour $13, variable manufacturing overhead $17, fixed manufacturing overhead $26, variable selling and administrative expenses $11, and fixed selling and administrative expenses $16. The companys ROI per unit is $15.

1)Calculate Firefly Corporations markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.)

2)Calculate Firefly Corporations markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.)