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Requlred Information Dickson Compary makes a product wih the following costs The company uses the absorption costing approach to cost-plus pricing. The pricing calculations are

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Requlred Information Dickson Compary makes a product wih the following costs The company uses the absorption costing approach to cost-plus pricing. The pricing calculations are based on budgeled. production and sales of 60.000 units per year. The company has invested $320,000 in this product and expects a return on investment of 15% Direct iabour is a variable cost in this compony (Append x 12A) The markup on absorption cost is closest to which of the following? Nuteple Choice 4500 30.0% 312% 96.5%

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