Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $32, direct labor $29, variable manufacturing overhead $18, fixed manufacturing overhead $41, variable selling and administrative expenses $10, and fixed selling and administrative expenses $35. Its desired ROI per unit is $27, Compute the markup percentage using absorption-cost. pricing. (Round onswer to 2 decimol places, eg. 10.50\%) Markup percentage %