Cost-Plus Pricing Refers to

question 134

Multiple Choice

Cost-plus pricing refers to

• A) summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at the price.
• B) setting the price of a line of products at a number of different price points.
• C) adding a fixed percentage to the cost of all items in a specific product class.
• D) setting prices to achieve a profit that is a specified percentage of the sales volume.
• E) increasing the price slightly to protect against undue profit losses from unforeseen environmental forces.