BLG Corporation produces and sells yachts for wealthy customers. BLG's accountants produced the data shown below as a basis for client negotiations for the coming year:

		Big Winner		Sport Star		CEO
Basic yacht		$ 600		$ 600		$ 600
Customization costs		300		500		200
Marketing costs		100		400		300
Total costs		$1,000		$1,500		$1,100

Assume that all the preceding costs are avoidable. The company will incur an additional $800 in unavoidable costs during the coming year. BLG's managers want to achieve a profit margin of 80% based on total costs. BLG's system is best described as:

Market-based pricing

Life cycle costing

Cost-based pricing

Kaizen costing