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Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expecte annual volume of 500,000 units: Per Unit Total $12 7 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead 14 $400,000 7 Variable selling and administrative expenses Fixed selling and administrative expenses 150,000 The company has a desired ROI of 20%. It has invested assets of $22,400,000. Your answer is correct. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%) 48.11 Markup percentage 96 Your answer is correct. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, eg. 15.25%) Markup percentage 48.11 % eTextbook and Media * Your answer is incorrect. Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, es 15.25%) Markup percentage 4265 %