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8. Which of the statements is true? (1) An advantage of full cost pricing is that it is a quick and cheap method of pricing
8. Which of the statements is true?
(1) An advantage of full cost pricing is that it is a quick and cheap method of pricing which
can be delegated to junior managers.
(2) A marginal cost plus pricing is a method of determining the sales price by calculating the
full cost of the product and adding a percentage mark-up for profit. *
only 2
both
only1
none
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
