Examlex
Can a union lose its certification by virtue of the company being sold or merged with another company? Explain your answer.
Cost-plus Pricing
A pricing method where a fixed percentage is added to the total cost of producing a product or service to determine its selling price.
Return on Investment
A measure of the profitability and efficiency of an investment, calculated as the return (or gain) from an investment relative to its cost.
Markup
An amount added to the cost price of goods to cover overhead and profit.
Absorption Costing
An accounting method that includes all direct costs and an allocated portion of fixed and variable overhead costs in the cost of a product.
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