Durango Industries employs cost-plus pricing formulas to derive selling prices for its various products. If the formulas are all used correctly, which of the following cost bases will result in the highest selling price?
A. Absorption manufacturing cost.
B. Total cost.
C. Total variable cost.
D. Variable manufacturing cost.
E. None of these because if the formulas are applied correctly, all should result in the same selling price through the use of varying markups.
Answer: E
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The table of contents lists only the main topics covered in a report
Indicate whether this statement is true or false.