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Explain the disadvantages that can result when cost-plus prices are based on absorption costs. Describe the skimming pricing and penetration pricing approaches to pricing new
- Explain the disadvantages that can result when cost-plus prices are based on absorption costs.
- Describe the skimming pricing and penetration pricing approaches to pricing new products. Provide two examples of each .
- what is meant by the terrm contribution margin per unit of scarce resource? how is this concept used in making product mix decisions?
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
