Solution-What the markup percentage for setting prices

What the markup percentage for setting prices

Assignment Help Cost Accounting

Reference no: EM133121476

Question - Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:

Direct materials $1,135,000

Direct labor 800,000

Manufacturing overhead

Variable 880,000

Fixed 650,000

Selling and administrative

Variable 380,000

Fixed 510,000

Total costs $4,355,000

Wilde has an annual target operating income of $990,000.

Required - What the markup percentage for setting prices as a percentage of the full cost of the product?

Reference no: EM133121476

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What the markup percentage for setting prices

Reference no: EM133121476

Reference no: EM133121476

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