Question
choose the correct option the traditional way of determining product costs is: a. cost plus pricing which includes cost of goods sold and adds a
choose the correct option the traditional way of determining product costs is: a. cost plus pricing which includes cost of goods sold and adds a profit margin on top b. market driven pricing which takes the market price and works backward by reducing the margins and supply chain related costs. c. cost plus pricing which adds costs of goods sold and selling ,general and administrative expenses and adds profit margin on top. d. marginal cost pricing which takes cost of goods sold and adds profit margin on top e. none of the above are traditional ways to determine product costs.
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