Morales Corporation produces microwave ovens. The following per unit cost information is avallable: direct materials $32, direct labor $24, variable manufacturing overhead $17, fixed manufacturing overhead $47, variable selling and administrative expenses $19, and fixed selling and administrative expenses $34. Its desired ROI per unit is $31. Compute the markup percentage using absorption-cost pricing (Round answer to 2 decimal ploces, eg. 10.50\%) Markup percentage