Butters Company Has Budgeted Sales of $30,000 with the Following

Butters Company has budgeted sales of $30,000 with the following budgeted costs:
$$\begin{array} { l l } \text { Direct materials } & \$ 6,300 \\\text { Direct labor } & \$ 4,100 \\\text { Variable factory overhead } & \$ 3,700 \\\text { Fixed factory overhead } & \$ 5,600 \\\text { Variable selling and administrative costs } & \$ 2,400 \\\text { Fixed selling and administrative costs } & \$ 3,200\end{array}$$
What is the average target markup percentage for setting prices as a percentage of total manufacturing costs?

A) 34%
B) 52%
C) 61%
D) none of the above