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Blossom Corporation produces microwave units. The following per$-$unit cost information is available: direct materials

$$36$; direct labour $$26$; variable manufacturing overhead $$19$; fixed manufacturing overhead $$40$; variable selling

and administrative expenses $$12$; and fixed selling and administrative expenses $$28.$ Its desired per is

$$29\mathrm{.}65.$ Calculate the markup percentage using variable$-$cost pricing. $($Round answer to $2$ decimal places, e$.$g$.$

$15\mathrm{.}25\%.$

Markup percentage

$\%$

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