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The following costs relate to Southern Company: Variable manufacturing cost,$30;variable selling and administrative cost,$8;applied fixed manufacturing overhead,$15;and allocated fixed selling and administrative cost,$4.If Southern uses total-cost pricing formulas,the company's markup percentage would be computed on the basis of:
Oranges
A citrus fruit known for its sweet or slightly acidic flavor, commonly consumed fresh or as juice.
Consumptions
The act of using goods and services for personal use, including the spending on such goods and services in an economy.
Apples
A fruit produced by an apple tree, widely consumed and cultivated globally for its sweetness and variety of uses.
Oranges
A citrus fruit known for its vibrant color and sweet, slightly tart flavor, commonly consumed fresh, juiced, or used as flavoring in various dishes.
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