The following is cost and production data for the Wave Darter: "Based on planned monthly production of 43 units (or 516 units per year). Rounded The target profit is $52,000, with planned sales equal to production. Exercise 15-34 Part 1 Required: 1. Use the general formula for determining a markup percentage to compute the required markup percentage using variable manufacturing cost. (Round your percentoge answer to 2 decimal places (i.e., 1234 should be entered os 12.34).) 2. Use the general formula for determining a markup percentage to compute the required markup percentage using absorption manufacturing cost. (Round your percentoge onswer to 2 decimol ploces (i.e., 1234 should be entered os 12.34).)