The Following Costs Relate to JB Contraction Company: Variable Manufacturing

Multiple Choice

The following costs relate to JB Contraction Company: Variable manufacturing cost, $20; variable selling and administrative cost, $11; applied fixed manufacturing overhead, $12; and allocated fixed selling and administrative cost, $3. If JB uses absorption manufacturing-cost pricing formulas, the company's markup percentage would be computed on the basis of:

A) $15.
B) $20.
C) $31.
D) $32.
E) $46.