Answer the Following Questions Using the Information Below

question 84

Multiple Choice

Answer the following questions using the information below:
Oscar Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:
Oscar has an annual target operating income of $900,000.
-The markup percentage for setting prices as a percentage of the full cost of the product is:

• A)328%
• B)36%
• C)228%
• D)21%

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