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Which of the following statements regarding cost-plus pricing is/are true? O Cost-plus pricing formulas establish a starting point in setting prices. All of the given

Which of the following statements regarding cost-plus pricing is/are true? O Cost-plus pricing formulas establish a starting point in setting prices. All of the given answers O Cost-plus pricing formulas are not useful for updating prices for existing products. O Cost-plus pricing formulas do not incorporate both fixed and variable costs

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