Brown Industries has budgeted sales of $49,500 with the following budgeted costs: $\begin{array}{ll}
\text { Direct materials } & \$ 15,000 \
\text { Direct labor } & 5,000 \
\text { Factory overh ead: } &\\text { Variable } & 6,000 \
\text { Fixed } & 7,000
\end{array}$
Selling and administrative expenses:
Variable $ \quad 4,500 $
Fixed 6,000 Compute the average target markup for setting prices as a percentage of:
a. Total manufacturing costs
b. Total variable costs
c. Total costs
d. Variable manufacturing costs

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The Answer of Brown Industries has budgeted sales of $49,500 with the following budgeted costs: $\begin{array}{ll}
\text { Direct materials } & \$ 15,000 \
\text { Direct labor } & 5,000 \
\text { Factory overh ead: } &\\text { Variable } & 6,000 \
\text { Fixed } & 7,000
\end{array}$
Selling and administrative expenses:
Variable $ \quad 4,500 $
Fixed 6,000 Compute the average target markup for setting prices as a percentage of:
a. Total manufacturing costs
b. Total variable costs
c. Total costs
d. Variable manufacturing costs

Brown Industries Has Budgeted Sales of $49,500 with the Following