Which of the Following Represents the Cost-Plus Pricing Formula

question 39

Multiple Choice

Which of the following represents the cost-plus pricing formula?

• A) Price = cost + (markup percentage × cost).
• B) Price = cost + markup percentage.
• C) Price = markup percentage × cost.
• D) Price = cost ÷ markup percentage.
• E) Price = cost + (markup percentage + cost).

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Definitions:

Cause Advocacy

The act of aggressively supporting a particular cause or policy, especially to bring about social or political change.

Case Advocacy

The direct support or representation of an individual or group's case or cause, typically in a legal or social service context.

Agency Policies

The rules and guidelines established by organizations or government bodies to govern operations and procedures within those entities.

Legislative Bodies

Institutions or groups of individuals vested with the power to make, amend, and repeal laws.