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Business, 19.07.2021 19:40 fhggggy5680

Oscar Corporation budgeted the following costs for the production of its one and only product for the next fiscal year: direct materials 1,125,000
direct labor 780,000
manufacturing overhead variable 840,000
fixed 645,000
selling/administrative variable 360,000
fixed 480,000
total 4,230,000
Oscar has an annual target operating income of $900,000. The markup percentage for setting prices as a percentage of total manufacturing costs is:.
A. 21.17%.
B. 89.73%.
C. 52.83%.
D. 65.31%.

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