Question: Direct Materials Direct Labor Manufacturing Overhead: $562,500 $390,000 Variable Fixed $420,000 $322,500 Selling and Administrative: Variable Fixed $180,000 $240,000 $2,115,000 Total Costs Stanton Company has

$322,500 Selling and Administrative: Variable Fixed $180,000 $240,000 $2,115,000 Total Costs Stanton

Direct Materials Direct Labor Manufacturing Overhead: $562,500 $390,000 Variable Fixed $420,000 $322,500 Selling and Administrative: Variable Fixed $180,000 $240,000 $2,115,000 Total Costs Stanton Company has an annual target operating income of $450,000. The markup percentage for setting prices as a percentage of total manufacturing costs is

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