Which of the Following Best Explains Cost-Based Pricing

question 59

Multiple Choice

Which of the following best explains cost-based pricing? 

• A) A particular profit margin is added to some costs, including the cost of sales. 
• B) A particular profit margin is added to all costs, including the cost of sales. 
• C) A particular profit margin is added to the cost of sales. 
• D) A 5% profit margin is added to the cost of sales.