Answer the Following Questions Using the Information Below

Multiple Choice

Answer the following questions using the information below:
Oscar Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:
Oscar has an annual target operating income of $900,000.
-The markup percentage for setting prices as a percentage of the full cost of the product is:

A) 328%
B) 36%
C) 228%
D) 21%