Exercise 15-36 Cost-Plus Pricing Formulas (LO 15-3) The following data pertain to Royal Lighting Company's oakclad, contemporary chandelier. Variable manufacturing cost $299 Applied fixed manufacturing cost 79 Variable selling and administrative cost 39 Allocated 'Fixed selling and administrative cost 59 Required: For each ofthe following cost bases, develop a cost-plus pricing formula that will result in a price of $400 for the oak chandelier. (Round your percentage answers to 2 decimal places (i.e., .1234 should be entered as 12.34).) 1. Variable manufacturing cost $ 2 Absorption manufacturing cost $ 400 = 3. Total cost $ 400 = 4. Total variable cost $ 400 =