Ask Question
BusinessBusiness
18 November, 02:16

Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach.

a. True

b. False

+2
Answers (1)
  1. 18 November, 05:29
    0
    That statement is true.

    In the cost-plus pricing approach, you add up all the cost needed for the product (material, direct labor, and overhead) and then calculate it with mark-up percentage in order to determine the price that you should set for your product.

    Since cost per unit is determined by total products/total cost, sales volume played a large role in determining per unit costs
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Paige applies to work for Quibbling & Company. Reece applies for admittance to State University. As part of their applications, Paige and Reece are asked to divulge their social media passwords.
Answers (1)
Which of the following does not describe a trial balance? a. Proves that all transactions have been recorded b. Proves the mathematical equality of debits and credits after posting c. Assists in the preparation of the financial statements d.
Answers (1)
Lance Murdock purchased a wooden statue of a Conquistador for $ 7 comma 200 to put in his home office 7 years ago. Lance has recently married, and his home office is being converted into a sewing room.
Answers (1)
Krasel Corporation exchanges old equipment for new equipment. The original cost of the old equipment was $90,000, and its accumulated depreciation at the date of exchange was $70,000.
Answers (2)
A project has an initial cost of $27,000 and a three-year life. the company uses straight-line depreciation to a book value of zero over the life of the project.
Answers (1)
New Questions in Business
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
Answers (1)
Steven is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 25 percent, while Copper stock has an expected return of 19 percent.
Answers (1)
Continuous quality improvement depends heavily upon: Select one: a. hard work b. monitoring special causes of variance c. use of checklists d. employment of the PDCA cycle
Answers (1)
The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not always evident or measurable. A) True B) False
Answers (1)
What's the difference between price skimming and price penetration strategies?
Answers (1)
Home » Business » Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach. a. True b. False
Sign Up Forgot Password?