Answer the Following Questions Using the Information Below:
Wilde Corporation

question 189

Multiple Choice

Answer the following questions using the information below:
Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:
$\begin{array}{lr}\text { Direct materials } & \$ 1,125,000 \\\text { Direct labor } & 775,000 \\\text { Manufacturing overhead } & \\\quad \text { Variable } & 840,000 \\\quad \text { Fixed } & 645,000\\\text { Selling and administrative }\\\text { Variable } & 360,000 \\\text { Fixed } & 480,000 \\\text { Total costs } & \$ 4,225,000\end{array}$ Wilde has an annual target operating income of $900,000.
-The markup percentage for setting prices as a percentage of variable manufacturing costs is ________.

• A) 51.40%
• B) 87.04%
• C) 65.30%
• D) 21.30%

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Definitions:

Nasal Cavity

The hollow space within the nose through which air passes, involved in breathing, smelling, and humidifying the air we inhale.

Inferior Nasal Conchae

A bony structure located within the nasal cavity that helps filter, moisten, and warm air inhalation.

Vomer

A thin, flat bone forming the posterior and inferior portion of the nasal septum, which divides the nasal cavity into two.

External Auditory Canal

The passage leading from the outer ear to the eardrum, transmitting sound waves to the eardrum.