Surent Corporation Has the Following Information Available on Product K

Multiple Choice

Surent Corporation has the following information available on Product K: The company uses the absorption costing approach to cost-plus pricing described in the text and a 50% markup.Based on these data, the company's total selling and administrative expenses associated with Product K each year are:

A) $80, 000
B) $200, 000
C) $920, 000
D) $800, 000