Examlex
Which of the following is NOT one of the contributions made by Franz Gall?
Variable Costs
Costs that change in direct proportion to changes in the level of production or sales activity, such as raw materials and labor.
Full Cost Pricing
A pricing strategy where the price of a product is determined by adding a markup to its total production costs, including both direct and indirect costs.
Cost-Plus Pricing
A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price.
Cost Behaviour
The way in which a cost reacts or changes when there is a change in the level of business activity.
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