The following data pertain to Ronaldo Enterprises: Variable manufacturing cost$70 Variable selling and administrative cost 20 Applied fixed manufacturing cost 40 Allocated fixed selling and administrative cost 15 What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%?
A. $147.
B. $84.
C. $210.
D. $231.
E. None of the answers is correct.
Answer: D
Business
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