Multiple Choice
Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:
Wilde has an annual target operating income of $920,000.
The markup percentage for setting prices as a percentage of variable manufacturing costs is ________.
A) 52.83%
B) 89.73%
C) 65.31%
D) 21.17%
Correct Answer:

Verified
Correct Answer:
Verified
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