Variable manufacturing cost $ $400$

Applied fixed manufacturing cost $240*$

Absorption manufacturing cost $640$

Variable selling and administrative cost $48$

Allocated fixed selling and administrative cost $120$

Total cost $ $808$

Variable manufacturing cost $ $400$

Variable selling and administrative cost $48$

Total variable cost $ $448$

Target Profit $45000$

Use the general formula for determining a markup percentage to compute the required markup percentage using variable manufacturing cost.