Companies must always examine their pricing ________.

		A) based on the supply of the product
		B) based on the full cost of producing the product and price to make a profit
		C) through the eyes of their customers and then manage costs to produce a profit
		D) based on the GAAP cost of producing the product and then add a mark-up

Crimpson Company has invested $2,200,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $303,000 annually. The company plans annual sales of 7000 juicer machines at a selling price of $500 each. What is the markup percentage as a percentage of cost for Crimpson Company?

		A) 8.7%
		B) 13.8%
		C) 9.5%
		D) 0.9%