Which of the Following Is Included in Product Cost for Pricing

question 31

Multiple Choice

Which of the following is included in product cost for pricing and product-mix decisions?

• A) design costs
• B) sunk costs
• C) opportunity costs
• D) cost of capital

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Definitions:

Business Organization

A legally recognized entity established to conduct commercial activities, ranging from sole proprietorships to corporations.

Advantage

The condition of being in a favorable or superior position relative to competitors or alternatives.

Treasury Stock

Shares initially part of the company's outstanding shares that have been repurchased by the company.

Par Value

Par value is the nominal or face value of a bond, share of stock, or a coupon as stated by the issuer.