Revenues $$20,000,000$ Total costs: Direct costs Professional labour $$5,000,000$ Indirect costs Client support $13,000,00018,000,000$ Operating income $$2,000,000$ Calculate the markup rate as a percentage of professional labour costs. Determine the$$ formula, and then compute the budgeted$$ indirect$-$cost rate for Turner Partners. $($Round the percentage to the nearest hundredth$$ percent, X$.$XX$\%.)$ Part $3(/)=$ Budgeted indirect$-$cost rate $(/)=\%$