The following data pertain to Laramie Enterprises: Variable manufacturing cost$60 Variable selling and administrative cost 10 Applied fixed manufacturing cost 30 Allocated fixed selling and administrative cost 5 What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?
A. $280.
B. $175.
C. $63.
D. $168.
E. None of the answers is correct.
Answer: D
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