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doo nau Snapped Hing Company budgeted the following costs for the production of its only product, leather briefcasos, for the next fiscal year: $532.000 422,000

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Snapped Hing Company budgeted the following costs for the production of its only product, leather briefcasos, for the next fiscal year: $532.000 422,000 110,000 150,000 Direct materials Direct labour Factory overhead Variable Fixed Selling and administrative Variable Fixed Total costs Snapped Hing has a target profit of $549.000 60.000 30,000 $1,300,000 What is the target profit percentage as a percentage of total manufacturing costs? O O O A. 21% B. 27% C. 35% OD. 45% O E 61%

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