Raffles Company routinely bids on construction jobs. Aaffles first determines the budgeted product cost of the job and then apglies a markup of 50%. If a bid of $15,000 is submitted for a new job, which of the following is true? a. Budgeted prodoct cost is 515,900 . b. $5,000 inclodev fixod ovehead, selling and adtninistative expense, and profit. c. 55,000 in pure profit d. Nil cons pertaining to the job totul $15:000. e. 55,000 inclodes sellieg and alanitistrativo experse, and peofit