Difference of between Transfer price rule and schedule

Summary

Difference of <<Markup or discount percentage>> between Transfer price rule and schedule

Content

I am trying to understand the difference of <<Markup or discount percentage>> between Transfer price rule and Transfer price schedule for Intercompany setup.

In Transfer price schedule, the labor/nonlabor  Markup or discount percentage donot default for the Transfer price rule.

So, How these to markup/percentage effect the overall calculation? Basicaaly, I am trying to understand why there are Markup or discount percentage in two different places??

Can you please explain using below sample setup.

lets say, 8hrs, rate is 70$ --> 560$,

1. what happens -->> markup in rule -->100%, markup in schedule 120%