The following costs relate to Southern Company: Variable manufacturing cost, $50; variable selling and administrative...
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Accounting
The following costs relate to Southern Company: Variable manufacturing cost, $50; variable selling and administrative cost, $28; applied fixed manufacturing overhead, $35; and allocated fixed selling and administrative cost, $24. If Southern uses total-cost pricing formulas, the company's markup percentage would be computed on the basis of:
$50.
$78.
$85.
$137.
None of these.
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