*Course Hero x M Question 20 - Ch 10 Quiz - Conn( X + X C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activ... G * Ch 10 Quiz i Saved Help Save & Exit Submit Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $100 per unit. Additional information is as follows: 20 Variable Costs per Unit Fixed Costs (total) Direct materials $ 28 Overhead $ 53, 340 Direct labor 49 General and administrative 42, 340 1 Overhead 29 points General and administrative 30 Using the variable cost method, what markup percentage to variable cost should be used? eBook Ask Multiple Choice References O 71.1% O 89.2% O 85.1% O 82.7% Mc Graw Type here to search Eli 77OF Cloudy 1:10 PM 4/14/2023