The Basic Formula for _____ Is Price = Direct Costs

question 35

Multiple Choice

The basic formula for _____ is Price = Direct costs + Overhead + Profit margin.

• A) Contribution margin
• B) Return on investment
• C) Cost-based pricing
• D) ABC costing
• E) Net profit

---

Definitions:

Genetic Code

The set of rules by which information encoded in genetic material (DNA or RNA) is translated into proteins by living cells.

Mitosis

A process of cell division in eukaryotic cells that results in two genetically identical daughter cells from a single parent cell, crucial for growth, repair, and asexual reproduction.

Multifactorial Problems

Problems that stem from the interaction of heredity and environmental factors.

Heredity

The genetic transmission of characteristics from parents to offspring.