Regular Company produces audio equipment, specifically headphones and speakers. A new CEO has just been hired and announces a new policy that if a product cannot earn a markup of at least 25 percent, it will be dropped. The markup is computed as product gross profit divided by reported product cost. Manufacturing overhead for year 1 totaled $1,026,000. Overhead is allocated to products based on direct materials cost. Data for year 1 show the following: Required: a-1. Calculate the markup for both headphones and speakers. Calculate the markup for both headphones and speakers. (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).)