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Consider the following data from Habitzreuther Company's budgeted income statement (in thousands of dollars). (Click the icon to view the budgeted income statement.) Requirement Compute
Consider the following data from Habitzreuther Company's budgeted income statement (in thousands of dollars). (Click the icon to view the budgeted income statement.) Requirement Compute the following markup percentages that would be used for obtaining the same target sales as a percentage of 1. Total variable costs 2. Full costs 3. Variable manufacturing costs Requirement. Compute the markup percentage for each scenario. Begin by selecting the formula to calculate the target pricing markup percentage, then enter the amounts to calculate the markup percentage for each of the scenarios (Enter the markup as a percentage rounded to the nearest w Markup % Data Table Cost base Target operating income Target sales S 102,500 Target sales Variable costs Manufacturing 32.800 10,250 Selling and administrative 43,050 Total variable costs Fixed costs Manufacturing 8,200 10,250 Selling and administrative Choose from any drop-down list and then click Check Answer. Total fixed costs 18,450 3 61,500 Total of all costs parts remaining Clear All $ 41,000
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