The following is cost and production data for the Wave Darter:

		Per unit
Variable manufacturing cost	$	410
Applied fixed manufacturing cost		250	*
Absorption manufacturing cost		660
Variable selling and administrative cost		53
Allocated fixed selling and administrative cost		130	*
Total cost	$	843
Variable manufacturing cost	$	410
Variable selling and administrative cost		53
Total variable cost	$	463

* Based on planned monthly production of 44 units (or 528 units per year).

The target profit is $56,000.

Required:

1.	Use the general formula for determining a markup percentage to compute the required markup percentage using Variable manufacturing cost. (Round your percentage values to 2 decimal places (i.e. .1234 should be entered as 12.34).)
2.	Use the general formula for determining a markup percentage to compute the required markup percentage using Absorption manufacturing cost. (Round your percentage values to 2 decimal places (i.e. .1234 should be entered as 12.34).)