Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $34, direct labor $24, variable manufacturing overhead $15, fixed manufacturing overhead $44, variable selling and administrative expenses $17, and fixed selling and administrative expenses $25. Its desired ROI per unit is $30. Compute the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage %