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1) Which of the following methods would probably be the most beneficial to a company that has little or no control over the price that
1) Which of the following methods would probably be the most beneficial to a company that has little or no control over the price that it can charge for its product or service?
a. Cost-plus pricing, contribution approach
b. Target costing
c. Time and material pricing
d. Cost-plus pricing, absorption approach
2) In the absorption approach to cost-plus pricing, which costs below are included in the cost base?
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