What is a cost plus pricing mark up$?$

Question $8$Answer

a$.$

When cost$-$plus pricing is used a percentage mark$-$up $($i$.$e$.$ a desired profit contribution margin$)$ is added to cost to determine selling price.

b$.$

When cost$-$plus pricing is used your selling price is used to determine your costs.

c$.$

When cost$-$plus pricing is used your target selling price less other costs is used to determine your costs.

d$.$

When cost$-$plus pricing is used your labour cost is used to determine your costs.