B 1 point If a company has excess capacity, which of the following is a sensible pricing strategy? Set a price to cover all costs (both fixed and variable) Set a price to cover all variable costs at a minimum Base the price solely on direct labor hours O Base the price solely on fixed costs 9 1 point If a firm has no excess capacity, which of the following is a sensible bidding strategy? O set a price to cover variable costs (at a minimum) including opportunity cost set a price to cover only the variable costs set a price to cover only the fixed costs O set a price to minimize tax liability