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lutes, 50 seconds. Question Completion Status: A Moving to another question will save this response. Question 16 2) Sara Company has budgeted sales of $30,000 with the following budgeted costs: Direct materials $6,300 Direct labor $4,100 Variable manufacturing overhead $4,700 Fixed manufacturing overhead $5,600 Variable selling and administrative expenses $2,500 Fixed selling and administrative expenses $3,200 What is the average target markup percentage for setting prices as a percentage of total variable costs? 13.6% 70.5% 82% 116.6% A Moving to another question will save this response. TOSHIBA