The following information is given for Gibbons Company:…

The following information is given for Gibbons Company: Per unit Total $ $ Direct materials {a} Direct labour {b} Variable manufacturing overheads {c} Fixed manufacturing overheads {d},000 Variable selling and admin expenses {e} Fixed selling and admin expenses {f},000 The company has a desired ROI of {h}%. It has invested assets of ${i},000. It expects to produce {g}00 units each year. Calculate the markup percentage using absorption-cost pricing. Enter your answer in the space provided. Round your answer to the nearest 2 decimal places. (If the answer is 12.34%, enter 12.34)

Hinton Corporation is a local manufacturing company. The inf…

Hinton Corporation is a local manufacturing company. The information for the year 2026 is provided as follows: $ Direct materials (per unit) {a} Direct labour (per unit) {b} Variable manufacturing overheads {c} Fixed manufacturing overheads {d},000 Variable selling and admin expenses {e} Fixed selling and admin expenses {f},000 Expected annual volume (units) {g}00 ROI {h}% Invested asset {i},000 Assume Hinton Corporation use variable-cost pricing, calculate the markup percentage. Enter your answer in the space provided. Round your answer to the nearest 2 decimal places. (If the answer is 12.34%, enter 12.34)