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Given data The target profit is $100,000; Fixed overhead costs are $120,000 and Fixed selling and administrative costs are $50,000. If total variable cost is

  1. Given data
  2. The target profit is $100,000; 
  3. Fixed overhead costs are $120,000 and
  4. Fixed selling and administrative costs are $50,000. 
If total variable cost is $675,000, what is the variable cost markup percentage using the variable cost method ?  

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