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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,
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 cost plus desired profit
C. Total sunk costs plus desired profit
D. Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit
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