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The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing

The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:

Variable manufacturing cost $ 185
Applied fixed manufacturing cost 95
Variable selling and administrative cost 65
Allocated fixed selling and administrative cost 80

What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 120%?

$550.00.

$759.00.

$616.00.

$935.00.

None of these.

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