Sandhill Corporation makes a mechanical stuffed alligator. The following information is available for Sandhill Corporation's expected annual volume of 500,000 units; Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Unit Total $14 11 $400,000 180,000 The company has a desired ROI of 40%. It has invested assets of $23,200,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%) Markup percentage eTextbook and Media Save for Later |% Attempts: 2 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above