The following is cost and production data for the Wave Darter: - Based on planned monthly production of 44 units (or 528 units per year). trounded The target profit is $49,000, with planned sales equal to production. xercise 1534 Part 1 equired: Use the general formula for determining a markup percentage to compute the required markup percentage using ariable manufacturing cost. (Round your percentage answer to 2 decimal places (i.e., 1234 should be entered as 2.34).)