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? a. total

When using the total cost method of applying the cost-plus approach

When using the total cost method of applying the cost-plus approach to product pricing, which of the following is included in the markup? a. total costs plus desired profit b. desired profit c. total selling and administrative expenses plus desired profit d. total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit When using the total cost method of applying the cost-plus approach to product pricing, which of the following is included in the markup? a. total costs plus desired profit b. desired profit c. total selling and administrative expenses plus desired profit d. total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit

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