Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $102 per unit. Additional information is as follows Variable Conta per Unit Fixed Costa (total) Direct materials $ 29 Overhead $53,600 Direct labor Overhead 50 General and administrative 42,600 30 General and administrative 31 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 70.1%. O C O 88.2% 84% 817%