Hordel Company needs to determine a markup for a new product. Hordel expects to sell 6,800 units and wants a target profit of $100 per unit. Additional Information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative 90 37 60,000 37,240 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 69.8% 92.9% 86.4% 82.6% 90.0%