In Using the Variable Cost Concept of Applying the Cost-Plus

question 29

Multiple Choice

In using the variable cost concept of applying the cost-plus approach to product pricing, what is included in the markup?

• A) Total variable manufacturing costs, total variable selling and administrative expenses, and desired profit
• B) Opportunity costs plus desired profit
• C) Total sunk costs plus desired profit
• D) Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit

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