Hayden Company has budgeted sales of $30,000 with the following budgeted costs: $\begin{array} { l l } \text { Direct materials } & \$ 6,300 \ \text { Direct labor } & \mathbf { 4 , 1 0 0 } \ \text { Factory overhead: } & \ \text { Variable } & 3,700 \ \text { Fixed } & 5,600 \end{array}$
Selling and administrative expenses:
Variable $\quad 2,400$
Fixed $\quad 3,200$ Compute the average target markup for setting prices as a percentage of:
a. Prime costs
b. Total costs
c. Total variable costs
d. Variable manufacturing costs
e. Total manufacturing costs

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The Answer of Hayden Company has budgeted sales of $30,000 with the following budgeted costs: $\begin{array} { l l } \text { Direct materials } & \$ 6,300 \ \text { Direct labor } & \mathbf { 4 , 1 0 0 } \ \text { Factory overhead: } & \ \text { Variable } & 3,700 \ \text { Fixed } & 5,600 \end{array}$
Selling and administrative expenses:
Variable $\quad 2,400$
Fixed $\quad 3,200$ Compute the average target markup for setting prices as a percentage of:
a. Prime costs
b. Total costs
c. Total variable costs
d. Variable manufacturing costs
e. Total manufacturing costs

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