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The following costs relate to Southside Company: Variable manufacturing cost, $43; variable selling and administrative cost, $21; applied fixed manufacturing overhead, $28; and allocated fixed
The following costs relate to Southside Company: Variable manufacturing cost, $43; variable selling and administrative cost, $21; applied fixed manufacturing overhead, $28; and allocated fixed selling and administrative cost, $17. If Southside uses absorption manufacturing-cost pricing formulas, the company's markup percentage would be computed on the basis of: $43. $64. $71. $109. None of these.
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