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Cost-based pricing starts with the cost and adds a mark-up to cover unallocated costs and achieve a desired profit. Discuss?

Cost-based pricing starts with the cost and adds a mark-up to cover unallocated costs and achieve a desired profit. Discuss?

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Costbased pricing is a pricing strategy where the price of a product or service is determined by adding a markup to the cost of producing or providing that product or service The markup covers not onl... blur-text-image

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