Question 3: (20 marks total) Blockbuster Video Rental has budgeted sales of $780,000 with the following budgeted costs: $168,000 132,000 Direct materials Direct manufacturing labour Factory overhead: Variable Fixed Selling and administrative expenses: Variable Fixed 96,000 108,000 72,000 100,000 Required Compute the average markup percentage for setting prices as a percentage of: a. Total manufacturing costs b. The variable cost of the product c. The full cost of the product d. Variable manufacturing costs AL