Use the Information Below to Answer the Following Question(s)

question 136

Multiple Choice

Use the information below to answer the following question(s) .Patton Company budgeted the following costs for the production of its one and only product, bells, for the next fiscal year:
Patton has a target profit of $750,000.
-The target profit percentage for setting prices as a percentage of total variable costs would be

• A)188%.
• B)227%.
• C)63%.
• D)158%.
• E)517%.