Pauley Company needs to determine a markup for a new product. Pauley expects to sell 18,000 units and wants a target profit of $17 per unit. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 17 12 16,500 69,000 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 64% 68% O o 87% 75% 74% O