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Which of the following budgets is completed last? cash payments production sales raw materials purchases 2Life-cycle pricing: sets the price high to begin with and
Which of the following budgets is completed last?
cash payments |
production |
sales |
raw materials purchases |
2Life-cycle pricing:
sets the price high to begin with and then lowers it later on in the life of the product |
attempts to establish a price that can be maintained throughout the life of the product |
sets the price low to begin with and then raises it later on in the life of the product |
is the same as target pricing |
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