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Tracey Company has predicted the following costs for this year for 500,000 units: Manufacturing Selling...

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Accounting

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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