Business Studies, asked by reizetolentino15, 2 months ago

what is cost plus approach

Answers

Answered by mrdevansh70

1

Answer:

Cost plus pricing involves adding a markup to the cost of goods and services to arrive at a selling price. Under this approach, you add together the direct material cost, direct labor cost, and overhead costs for a product, and add to it a markup percentage in order to derive the price of the product.

Previous Question

Next Question

Similar questions

Math, 1 month ago

let A(a,0) and B(-a,0) be two fixed points. find the locus of a pont p which moves so that PA²+PB²=AB² ...

Geography, 1 month ago

Which one is a working capital ? Computers Generators Water Motors Money in hand...

Math, 1 month ago

4x-3y=9, 3x-4y=5 explain clearly please ...

Math, 2 months ago

One box contains 2 2/3 kg strawberries and the other 1 1/2 times. How many strawberries are there in two boxes?

Math, 2 months ago

limit x tends to 0 √x+1-1/x...

Science, 9 months ago

Guys , please follow me ...........and I have a question ..........why do we drink water .... what happens if we drink water ........ Guys I want a proper answer...

Science, 9 months ago

+ (ii) Zn (s) + H,SO, (aq) → ZnSo4. () + H₂ (9 2...

Science, 9 months ago

hi what is demolition...