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Judith Vending Company has invested $1,090,000 in a plant to make vending machines. The target operating income desired from the plant is $218,000 annually. The

Judith Vending Company has invested $1,090,000 in a plant to make vending machines. The target operating income desired from the plant is $218,000 annually. The company plans annual sales of 1500 vending machines at a selling price of $1000 each. What is the markup percentage as a percentage of cost for Judith Vending Company? 0 20.00% 17.00% 85.47% 14.53%

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