Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year Direct materials Direct labor Manufacturing overhead $1,150,000 775,000 Variable Fixed 850,000 670,000 Selling and administrative Variable Fixed 410,000 490,000 $4,345,000 Total costs Wilde has an annual target operating income of $920,000. (XA. 21.17% B. 89.73% C. 52.83% D. 65.31% Direct materials Direct labor Manufacturing overhead $1,150,000 775,000 Variable Fixed 850,000 670,000 Selling and administrative Variable Fixed 410,000 490,000 $4,345,000 Total costs Wilde has an annual target operating income of $920,000. The markup percentage for setting prices as a percentage of variable manufacturing costs is (XA, 21.17% B. 89.73% OC. 52.83% OD, 65.31%