When using the variable cost concept of applying the cost-plus approach to product pricing, what 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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The Answer of When using the variable cost concept of applying the cost-plus approach to product pricing, what 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 Variable Cost Concept of Applying the Cost-Plus