Consider the following data from Henderson 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 whole percent.) Markup % x Data Table $ 113,950 34,400 10,750 45,150 Target sales Variable costs Manufacturing Selling and administrative Total variable costs Fixed costs Manufacturing Selling and administrative Total fixed costs Total of all costs 15,050 10,750 25,800 70,950 $ 43,000 Operating income