Each month, Santiago Company has $$430,000$ total manufacturing costs $(40\%$ fixed$)$

and $$850,000$ distribution and marketing costs $(20\%$ fixed$).$ Santiago's monthly sales

are $$2,900,000.$

The markup percentage on variable costs to arrive at the existing $($target$)$ selling price

is

$127\%$

$241\%$

$85\%$

$209\%$