Firms sell products with high costs at high prices. High selling prices increase revenues and profits. Why

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Firms sell products with high costs at high prices. High selling prices increase revenues and profits. Why then should managers worry about product overcosting?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 03:47 AM

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Firms sell products with high costs at high prices. High selling prices increase revenues and profits. Why

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Overcosting does not increase revenues A firm can increase the selling price of a product ...View the full answer

Cost management a strategic approach

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