Which of the Following Best Describes the Cost-Plus Pricing Approach

question 83

Multiple Choice

Which of the following best describes the cost-plus pricing approach?

• A)Cost base + Markup component = Prospective selling price
• B)Prospective selling price + Cost base = Markup component
• C)Cost base + Gross margin = Prospective selling price
• D)Variable cost + Fixed cost + Contribution margin = Prospective selling price
• E)Cost base plus markup ÷ 100% = selling profit percentage

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