B. Target Costing. 1. 2. 3. 4. 5. C. Cost-Plus Pricing. 1. 2. 3. 4. The cost-plus pricing formula is expressed as follows: 5. 6. The lower the sales volume, the higher the selling price the company must charge to meet its desired ROI. This occurs because D. Time-and-Material Pricing. 1. Under time-and-material pricing, the company sets two pricing rates i. b) i. 2. Using time-and-material pricing involves three steps: a. b. c. 4. The charge for labor time is expressed as a rate per labor hour which includes: a. b. c. 5. The charge for materials typically includes a material loading charge which covers the costs of: a. b. C. d. e. 6. The material loading charge is expressed as a percentage of the total estimated costs of parts and materials for the year. The company determines this percentage by doing the following: a. b. c. 7. The charges for any particular job are the sum of the a. b. c. B. Target Costing. 1. 2. 3. 4. 5. C. Cost-Plus Pricing. 1. 2. 3. 4. The cost-plus pricing formula is expressed as follows: 5. 6. The lower the sales volume, the higher the selling price the company must charge to meet its desired ROI. This occurs because D. Time-and-Material Pricing. 1. Under time-and-material pricing, the company sets two pricing rates i. b) i. 2. Using time-and-material pricing involves three steps: a. b. c. 4. The charge for labor time is expressed as a rate per labor hour which includes: a. b. c. 5. The charge for materials typically includes a material loading charge which covers the costs of: a. b. C. d. e. 6. The material loading charge is expressed as a percentage of the total estimated costs of parts and materials for the year. The company determines this percentage by doing the following: a. b. c. 7. The charges for any particular job are the sum of the a. b. c