Question: When using the total cost method of applying the cost - plus approach to product pricing, which of the following is included in the markup?

When using the total cost method of applying the cost-plus approach to product pricing, which of the following is included in the markup?
Group of answer choices
total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit
total selling and administrative expenses plus desired profit
desired profit
total costs plus desired profit
The direct labor time variance is
Group of answer choices
$9,300 unfavorable
$9,450 unfavorable
$9,300 favorable
$9,450 favorable

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