A "Cost-Plus" Pricing Approach Is

question 18

Multiple Choice

A "Cost-Plus" pricing approach is:

• A) A costing system that involves working out the cost of one unit and adding on extra for the selling price in order to make a profit
• B) A costing system that includes the basic direct costs of the product, plus all of the overheads of running the factory as a separate cost total
• C) The direct cost of producing the products sold in the month plus the cost of any unsold inventory
• D) Used in job costing - for example the cost of the raw materials plus the labour required for a building job

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Definitions:

Little Research

Referring to topics or areas in which minimal scientific studies or comprehensive investigation has been conducted.

Decisional Conflict

A state of uncertainty about which course of action to take when choices among competing actions involve risk, loss, or challenge to personal values.

Unclear Personal Values

A lack of clarity or confusion about one's own principles or standards of behavior which guide decisions and actions.

NANDA-I Handbook

A guide containing standardized nursing diagnoses developed by the North American Nursing Diagnosis Association International.