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Judith Vending Company has invested S800,000 in a plant to make vending machines. The target operating income desired from the plant is $120,000 annually. The

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Judith Vending Company has invested S800,000 in a plant to make vending machines. The target operating income desired from the plant is $120,000 annually. The company plans annual sales of 1,200 vending machines at a selling price of $1,000 each. What is the markup percentage as a percentage of cost for Judith Vending Company? OA. 10.00% OB. 12.68% C. OD. 11.11% 13.62%

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