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Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year: Direct materials $1,140,00 Direct labor
Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year: Direct materials $1,140,00
Direct labor 785,000
Manufacturing overhead
Variable 840,000
Fixed 695,000
Selling and administrative
Variable 410,000
Fixed 480, 000
Total costs $ 4,350,000
Wilde has an annual target operating income of $ 900,000.
The markup percentage for setting prices as a percentage of total manufacturing costs is ________.
A.
77.277.2%
B.
39.939.9%
C.
214.6214.6%
D.
51.751.7%
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