Oriole Corporation makes a mechanical stuffed alligator. The following information is available for Oriole Corporation's expected annual volume of 500,000 units: Total Per Unit $14 9 12 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $400,000 150.000 The company has a desired ROI of 20%. It has invested assets of $22,200,000. Your answer is incorrect. Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, eg. 15.25%) Markup percentage %