Which of the Following Items Are Included in Calculating the Markup

Which of the following items are included in calculating the markup percentage under the absorption approach to cost-plus pricing described in the text? $\quad$ $\quad$$\begin{array}{ccccc}\text { Variable Cost }& \quad\quad\quad\quad\quad\quad\text { Fixed Cost } & \quad\quad\quad\quad\text { Desired} \end{array}$
$\begin{array}{ccccc}\text { Production } & \quad\quad\quad\text { Selling } & \text { Production } & \text { Selling } &\quad \text { Profit } \end{array}$

A. $\quad$$\begin{array}{llcc}\text { Yes } &\quad\quad\quad\quad \text { No } &\quad\quad\quad \text { Yes } &\quad\quad \quad\text { No } &\quad \text { Yes } \end{array}$
B. $\quad$$\begin{array}{llcc}\text { No } & \quad\quad\quad\quad\text { Yes } & \quad\quad\quad\text { No } & \quad\quad\quad\text { Yes } &\quad \text { Yes } \end{array}$
C. $\quad$$\begin{array}{llcc}\text { No } & \quad\quad\quad\quad\text { No } & \quad\quad\quad\text { Yes } &\quad\quad\quad \text { Yes } & \quad\text { Yes } \end{array}$
D. $\quad$$\begin{array}{llcc}\text { No } &\quad\quad\quad\quad \text { Yes } &\quad\quad\quad \text { No } & \quad\quad\quad\text { Yes } & \quad\text { No }\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D