Morales Corporation produces microwave ovens. The following per unit cost Information is available: direct materials $39, direct labor $30, variable manufacturing overhead $13, fixed manufacturing overhead $46, variable selling and administrative expenses $14, and fixed selling and administrative expenses $25. Its desired ROI per unit is $29.98. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50.) Markup percentage %