Tracey Company has predicted the following costs for this year for 500,000 units:
Manufacturing Selling and Administrative
Variable $800,000 $250,000
Fixed 1,200,000 300,000
Total $2,000,000 $550,000
What is the markup on variable manufacturing costs needed to break even?
A. 150.00 percent
B. 218.75 percent
C. 212.50 percent
D. 25.00 percent
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