Johanson Company had the following information: $400.000 Revenues Cost of goods sold: Direct materials $100.000 Direct labor 50.000 Overhead 50.000 200.000 Gross profit $200,000 Selling and administrative expenses 75,000 Operating income $125.000 What is the markup based on prime costs? 300.0% 166.796 50.096 133.3%