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

	Per unit
Variable manufacturing cost		$	390
Applied fixed manufacturing cost			210	*
Absorption manufacturing cost			600
Variable selling and administrative cost			45
Allocated fixed selling and administrative cost			120
Total cost		$	765
Variable manufacturing cost		$	390
Variable selling and administrative cost			45
Total variable cost		$	435

^*Based on planned monthly production of 45 units (or 540 units per year).

Rounded

The target profit is $44,000, with planned sales equal to production.

2. Use the general formula for determining a markup percentage to compute the required markup percentage using variable manufacturing cost. (Round your percentage answer to 2 decimal places (i.e., .1234 should be entered as 12.34).)
3. Use the general formula for determining a markup percentage to compute the required markup percentage using absorption manufacturing cost. (Round your percentage answer to 2 decimal places (i.e., .1234 should be entered as 12.34).)