Question: help 5- What is called when you take the cost of goods sold and simply add 10% of the COGS number to itself to get

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5- What is called when you take the cost of goods sold and simply add 10% of the COGS number to itself to get a price? (COGS+COGS10%)=price Full cost markup Conversion cost pricing Markup on sales Markup on overhead 6- Cost Estimating directly affects on final cost and is generally considered to add value to products. True False

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