The following data pertain to Bristol Corporation's residential humidifier:

Variable manufacturing cost ..................................................$240

Applied fixed manufacturing cost ........................................... 80

Variable selling and administrative cost ................................. 60

Allocated fixed selling and administrative cost ....................... ?

To achieve a target price of $450 per humidifier, the markup percentage on total unit cost is 12%.

Required:

A.Calculate the fixed selling and administrative cost allocated to each humidifier.

B.For each of the following bases, determine the appropriate percentage markup on cost that will result in a target price of $450 per humidifier: (1) variable manufacturing cost, (2) absorption manufacturing cost, and (3) total variable cost. (Round percentages to the nearest one-hundredth of a percent.)