The advantage of using the cost-plus pricing strategy is: Select one: a. It removes any costs that do not add value to the product. b. It considers market and customer information c. It ensures that the business covers all product costs and earns a profit. d. It looks at the relationship between price and quantity demand. 5/2023] BMAT - 2023S_ACC 3083_1 (Peter Chung) courses / [Lambton 05/2023] BMAT - 2023S_ACC 3083_1 (Peter Chung) / Chapter 6: Costing and Pricing Strategies / Assume the cost-plus pricing strategy is used. If a company's markup is 10% and the total product cost is $200; how much should it charge this particular product for? Select one: a. $180 b. $20 C. $220 d. $200