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a) One of the pricing policies is the cost-plus approach. Discuss what are the main disadvantages associated with this approach. 9 marks b) An entity
a) One of the pricing policies is the cost-plus approach. Discuss what are the main disadvantages associated with this approach. 9 marks b) An entity has provided you with the following information regarding a new product that they intend to launch. I Target price Estimated annual target sales volume Expected return on sales target 20 per unit 50,000 25% Calculate the target cost for each unit of the new product. (6 marks)
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