Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year: $1,125,000 775,000 Direct materials Direct labor Manufacturing overhead Variable Fixed Selling and administrative Variable Fixed Total costs 860,000 690,000 400,000 500,000 $4,350,000 Wilde has an annual target operating income of $930,000. The markup percentage for setting prices as a percentage of variable manufacturing costs is 53.04% 91.30% 67.09% O 21.38%