Question
Decisions on the price to bid on a onetimeonly special order should include A. existing fixed manufacturing overhead. B. cost data, and the use of
Decisions on the price to bid on a onetimeonly special order should include
A. existing fixed manufacturing overhead.
B. cost data, and the use of variable costing income statements.
C.only the potential bids of competitors.
D.cost data and potential bids of competitors.
E. only cost data
Which of the following is TRUE of alternative longrun pricing approaches?
A. marketbased approach only considers how customers will react.
B. A costbased approach only considers how customers will react.
C. A marketbased approach is more logical in a competitive market.
D.A marketbasedapproach only considers costs.
E.In costplus pricing, selling price ignores market forces when setting the markup
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