Question

while determining full cost price firm uses?
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Answer 1

Answer:

Full cost pricing is a practice where the price of a product is calculated by a firm on the basis of its direct costs per unit of output plus a markup to cover overhead costs and profits

Explanation:

Answer 2

Full costing is an accounting procedure used to determine the full cost of producing products or services.

• When using the full costing method, all direct, fixed, and variable costs are allocated to the final product.
• In full costing accounting, these various expenses move with the product or service through trading accounts until the product is sold.