QUESTION 19 A cost-based model Selling Price is determined by the sum total of; Note- where DM direct material, DL = direct labor, OH = overhead, SG&A = Sales, General and Administrative Expenses, P = Profit, M = Margin, S = Sales = = = DM + DL + OH DM + DL + OH + SG&A DM + DL + OH + SG&A + P DM + DL + OH + SG&A + P + M. DM + DL + OH + SG&A + P + M+S