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What is the target profit percentage as a percentage of total manufacturing costs? q 44 Snapped Hing Company budgeted the following costs for the production

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What is the target profit percentage as a percentage of total manufacturing costs?

q 44

Snapped Hing Company budgeted the following costs for the production of its only product, leather briefcases, for the next fiscal year $532,000 422,000 110,000 156,000 Direct materials Direct labour Factory overhead: Variable Fixed Selling and administrative. Variable Fixed Total costs Snapped Hing has a target profit of $549,000 60,000 80,000 $1,360,000 OA. 35% OB. 45% OC. 61% OD. 21% O E 27%

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