Define and describe cost-based pricing

Assignment Help Finance Basics
Reference no: EM132246750

Question: The Southwest regional manager is having trouble preparing a bid for a lucrative government contract to supply blenders to the military dining facilities in Fort Hood, Texas. Specifically, he has asked for your assistance as he determines his approach to pricing.

Complete the following:

• Define and describe cost-based pricing.

• Define and describe market-based pricing.

In addition, the government contract officer mentioned the requirement to present a fair and reasonable price to be considered for the contract. Identify the guideline or regulation that governs acquisition and contracting, and describe the concept of fair and reasonable price in government contracts.

Reference no: EM132246750

Questions Cloud

Determine the quantity demanded-the quantity supplied : Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $34 is imposed in this market.
What physical issues are affecting the population segment : What medical, mental, and physical issues are affecting the population segment aged 65 and older in the United States? Be sure to support your assertions.
What will happen to inflation : What will happen to inflation? What must the Fed do if it wishes to keep inflation constant?
What is the equilibrium level of income : a) What is the equilibrium level of income? And, why?
Define and describe cost-based pricing : The Southwest regional manager is having trouble preparing a bid for a lucrative government contract to supply blenders to the military dining facilities.
Describe a real auction or tender process : Describe a real auction or tender process. What are the major forms of auction format for the sale of a single object
What is the fixed cost fc of doing business : a. What is the fixed cost (FC) of doing business? b. What will be the total cost (TC), total revenues (TR) and profit (P) for 50 cups of lemonade?
Calculate the price elasticity of demand : Assuming that the price of movie ticket decreases $8.00 to $6.00 and quantity demanded increases from 1000 to 3000 thousands
Who are the truly influential leaders in our organizations : Who are the truly influential leaders in our organizations and personal lives? How do we each individually define leadership and how did we come to our current.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd