Question
What cost concept used in applying the cost-plus approach to product pricing includes only desired profit in the markup? a. sunk cost concept b. variable
What cost concept used in applying the cost-plus approach to product pricing includes only desired profit in the markup?
| a. | sunk cost concept | |
| b. | variable cost concept | |
| c. | total cost concept | |
| d. | product cost concept |
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Financial Accounting Practice And Principles
Authors: Jan Bebbington, M. Richard Laughlin, Robert H. Gray, Gray Dave
3rd Edition
1861527713, 978-1861527714
