Explain cost-plus pricing. What are some flaws of cost-plus pricing?
Question:
Explain cost-plus pricing. What are some flaws of cost-plus pricing?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
Costplus pricing is a method of determining price b...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A student has received an inheritance and has $8000 to invest. Interest rates are currently 3.5% pa and they wish to invest for 3 years. a) Bank A compounds interest annually. What will the student's...
-
Explain why behavioural flaws could result in investors holding portfolios that are not as predicted by modern portfolio theory.
-
What are plus factors? Give some examples plus factors relevant to price signaling and how they can be used.
-
If the firm's lowest average cost is $52 and the corresponding average variable cost is $26, what does it pay a perfectly competitive firm to do if? a. The market price is $51 b. The price is $36 c....
-
Use MATLAB to solve for and plot the response of the following models for 0 / 6, where the input is f(t) = 6 cos 3t and the initial conditions are zero: a. 3x + 21x + 30x = f(t) b. 5x + 20x + 65x =...
-
Identify any changing patterns of how consumers (or industrial buyers) purchase goods with which you are familiar. Trace the effects that these changes may have on the channel structure.
-
What is the difference between a predator and a situational (accidental) fraudster?
-
On April 1, 2008, Rasheed Company assigns $400,000 of its accounts receivable to the Third National Bank as collateral for a $200,000 loan due July 1, 2008. The assignment agreement calls for Rasheed...
-
Why does the probability in this maximization problem become theta hat? Suppose we try to implement this social choice function. Assume that the buyers are expected utility maximizers. We now ask: If...
-
The wheat harvesting season in the American Midwest is short, and most farmers deliver their truckloads of wheat to a giant central storage bin within a two-week span. Because of this, wheat-filled...
-
Scott Confectionery sells its Stack-o-Choc candy bar for $0.80. The variable cost per unit for the candy bar is $0.45; total fixed costs are $175,000. Required a. What is the contribution margin per...
-
How do you calculate the sales required to break even or achieve a target operating income in a multiproduct setting?
-
A Figure 10.61 shows the root locus of a unity negative feedback control system, where \(K\) is the proportional control gain. a. Determine the transfer function of the plant. Use MATLAB to plot the...
-
Identifying and Assessing Risks of Material Misstatement and Cloud9 Case Study documents as a guide to assist in answering the following questions. For each of the responses and topics discussed...
-
a. Explain briefly each of the following data collection techniques with examples for each case. i. Using available information ii. Participation observation iii. Non-participation observation iv....
-
A successful computer science teaching strategy must include diversity & inclusion / fun games computational thinking / diversity & inclusion computational thinking / strict discipline reading/...
-
After reading the Forbes articles Six Reasons Tim Cook Is Doing A Great Job As Apple's CEO Links to an external site. and All Excuses Aside, Apple's Major Problem Is Tim Cook Links to an external...
-
We read that European philosopher Immanuel Kant (1724-1804) argued that people should do what is morally right no matter the consequences. (The term categorical means "without exception.") His...
-
A 22-kV power line that is 10.0 km long supplies the electric energy to a small town at an average rate of 6.0 MW. (a) If a pair of aluminum cables of diameter 9.2 cm are used, what is the average...
-
Chloroplasts are illuminated until the levels of the Calvin cycle intermediates reach a steady state. The light is then turned off. How does the level of RuBP vary after this point?
-
Patrick Payroll Services provides weekly payroll processing for a number of small businesses. Patrick Talbert, the company's owner, has been using an activity-based costing system for several years....
-
Lancaster Orthopedics specializes in hip, knee, and shoulder replacement surgery. In addition to the actual surgery, the company provides its patients with preoperative and postoperative inpatient...
-
Nancy's Nut House is a processor and distributor of a variety of different nuts. The company buys nuts from around the world and roasts, seasons, and packages them for resale. Nancy's Nut House...
-
At the end of last year, Curry Company reported the following: Gross profit from sales = $ 6 0 0 , 0 0 0 Operating expenses = $ 1 0 0 , 0 0 0 Dividends received from trading securities = $ 1 5 , 0 0...
-
Identifies specific actions to reduce Ms. Shire's tax liability; provides recommendations supported with tax regulations with an explanation of the consequences or savings in conceptual terms and...
-
March sales are $ 1 0 0 , 0 0 0 and cost of goods sold is $ 6 5 , 0 0 0 . What is the entry to Finished Goods Inventory?
Study smarter with the SolutionInn App