Cost-Plus Pricing Adds an Amount to

question 206

Multiple Choice

Cost-plus pricing adds an amount to

• A)the cost of the product or service to cover operating costs and contribute to its profit.
• B)variable and fixed costs to cover overhead.
• C)the sales price to cover unexpected costs.
• D)contribution margin to cover fixed costs.

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Definitions:

Semantic

Relates to the meanings of words and phrases in language.

Semantics

The study of meaning in language, focusing on the relationship between signifiers, like words, phrases, signs, and symbols, and what they stand for.

Syntax

A set of rules for arranging words and phrases to create well-formed sentences in a language.

Symbolic Structure

The use of symbols and signs in a systematic way to represent ideas or concepts in communication.