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Question 13 0.34 pts All of the following are steps in the time-and-material pricing approach except calculating the labor charge. O charges for a particular

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Question 13 0.34 pts All of the following are steps in the time-and-material pricing approach except calculating the labor charge. O charges for a particular job. manufacturing overhead charge. material loading charge. Question 14 0.34 pts The total contribution margin to a company in the market-based transfer price approach is less than in the cost-based approach. the same as in the cost-based approach. O greater than in the cost-based approach. either greater than or less than in the cost-based approach. Question 15 0.34 pts Absorption-cost pricing includes all variable costs in the cost base. O provides the data needed for pricing special orders. O uses a markup percentage that covers the desired ROI and the selling and administrative expenses. excludes fixed manufacturing overhead from the cost base

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