Marigold Corporation produces microwave ovens. The following unit cost information is available: direct materials $26, direct labor $27, variable manufacturing overhead $20, fixed manufacturing overhead $44, variable selling and administrative expenses $17, and fixed selling and administrative expenses $35. Its desired ROI per unit is $38. Compute the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50\%.) Markup percentage %