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

---

Definitions:

Robbery

The act of taking someone's property through force or threat of force.

Criminal Fraud

Illegally deceiving another for personal or financial gain, considered a criminal offense.

Insider Trading

Engaging in covert transactions on the stock market for personal benefit by exploiting privileged information.

Telecommunications

Telecommunications refers to the transmission of information over distances through electronic means, including telephone, radio, television, and internet communications.