Explain which costs are used for long-term pricing decisions

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Questions -

1) Explain which costs inventoriable for external reporting purposes.

2) Explain which costs are used for long-term pricing decisions.

3) Explain which costs are used for short-term pricing decisions. Why is this different than long-term pricing?

4) You've decided to start your own paper company. Provide a situation in which target pricing would be a more appropriate pricing method.

5) You've decided to start your own paper company. Provide a situation in which cost-plus pricing would be a more appropriate pricing method.

Reference no: EM132993103

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