Star Company has budgeted operating income of $6,700 with the following budgeted costs: Direct materials Direct labor Variable factory overhead Fixed factory overhead Variable selling and administrative costs Fixed selling and administrative costs A) 57% B) 82% C) 130% $6,300 $4,000 $3,700 What is the average target markup percentage for setting prices as a percentage of total variable manufacturing costs? D) none of the above $5,600 $2,600 $3,300

Star Company has budgeted operating income of $6,700 with the following budgeted costs: What is the average target markup percentage for setting prices as a percentage of total variable manufacturing costs? A) 57% B) 82% C) 130% D) none of the above