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Flint Corporation produces microwave ovens. The following unit cost information is available: direct materials $ 3 3 , direct labor $ 2 9 , variable

Flint Corporation produces microwave ovens. The following unit cost information is available: direct materials $33, direct labor $29,
variable manufacturing overhead $12, fixed manufacturing overhead $41, variable selling and administrative expenses $16, and fixed
selling and administrative expenses $29. Its desired ROI per unit is $30.40. Compute its markup percentage using a total-cost
approach. (Round answer to 2 decimal places, e.g.10.50%.)
Markup percentage
%
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