Question: Why is cost-plus pricing criticized? A.) It includes selling and administrative costs in determining the product cost. B.) It does not consider the fixed manufacturing

Why is cost-plus pricing criticized?

A.) It includes selling and administrative costs in determining the product cost.

B.) It does not consider the fixed manufacturing overhead in determining the product cost.

C.) It is inherently circular for manufacturing firms.

D.) It requires a high level of technical expertise to price products using this method.

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