Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $17, direct labor $20, variable manufacturing overhead $11, fixed manufacturing overhead $32, variable selling and administrative expenses $12, and fixed selling and administrative expenses $14. The company's ROI per unit is $26. (a) Your answer is incorrect. Compute Rap Corporation's markup percentage using absorption-cost pricing. Absorption-cost pricing markup percentage 50 %