What is full-cost pricing

Assignment Help Management Theories

Reference no: EM131459970

Question: 1. What is full-cost pricing? Full-cost pricing uses all relevant variable costs in setting a product's price.

2. What is incremental-cost pricing? Incremental-cost pricing attempts to use only costs directly attributable to a specific output in setting prices to overcome the arbitrary allocation of fixed expenses.

Reference no: EM131459970

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