The Following Data Pertain to Parson Corporation's Portable Air Conditioner

The following data pertain to Parson Corporation's portable air conditioner:
$\begin{array} { | l | r | } \hline \text { Variable manufacturing cost } & \$ 240 \\\hline \text { Applied fixed manufacturing cost } & 80 \\\hline \text { Variable selling and administrative cost } & 60 \\\hline \text { Allocated fixed selling and administrative cost } & ? \\\hline\end{array}$ To achieve a target price of $450 per air conditioner, the markup percentage on total unit cost is 12%.
Required:
A. Calculate the fixed selling and administrative cost allocated to each air conditioner.
B. For each of the following bases, determine the appropriate percentage markup on cost that will result in a target price of $450 per air conditioner: (1) variable manufacturing cost, (2) absorption manufacturing cost, and (3) total variable cost. (Round percentages to the nearest one-hundredth of a percent.)