Answer the following questions using the information below:
Bondi Corporation budgeted the following costs for the production of its unicycle for 2017.
Bondi has an annual target operating profit of $450 000.
-The mark-up percentage for setting prices as a percentage of the variable cost of the product is:
A) 36%
B) 228%
C) 328%
D) 65%
Correct Answer:
Verified
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