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Which of the following items are included in the cost base under the absorption approach to cost-plus pricing? Variable Cost Fixed Cost Production Selling Production
Which of the following items are included in the cost base under the absorption approach to cost-plus pricing?
| Variable Cost |
| Fixed Cost | ||
| Production | Selling |
| Production | Selling |
a. | Yes | Yes |
| Yes | No |
b. | No | Yes |
| No | Yes |
c. | Yes | Yes |
| No | No |
d. | Yes | No |
| Yes | No |
a | |
| b |
| c |
| d |
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