Social Sciences, asked by ritabkj821, 1 year ago

what is cost- plus pricing

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Answered by vishnusingh1
4
Cost plus pricing is a cost-based method for setting the prices of goods and services. Under this approach, you add together the direct material cost, direct labor cost, and overhead costsfor a product, and add to it a markup percentage (to create a profit margin) in order to derive the price of the product
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