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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5 , 0 0 0 units and wants a target

Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $108 per unit. Additional information is as follows:
Variable Costs per Unit Fixed Costs (total)
Direct materials $ 32 Overhead $ 53,180
Direct labor 53 General and administrative 42,180
Overhead 33
General and administrative 34
Using the variable cost method, what markup percentage to variable cost should be used?
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