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Question 8.PMCQ.4: (LO 2) Cost-plus pricing means that: a. Selling price = Vari...

(LO 2) Cost-plus pricing means that:
a. Selling price = Variable cost + (Markup percentage + Variable cost).
b. Selling price = Cost + (Markup percentage × Cost).
c. Selling price = Manufacturing cost + (Markup percentage + Manufacturing cost).
d. Selling price = Fixed cost + (Markup percentage × Fixed cost).

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