Why might the use of ideal standards in applying the cost-plus approach to product pricing lead to

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Why might the use of ideal standards in applying the cost-plus approach to product pricing lead to setting product prices that are too low? Discuss.

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Survey of Accounting

ISBN: 978-0538749091

5th Edition

Authors: Carl S Warren

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Question Posted: Oct 21, 2011 04:46 AM

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Why might the use of ideal standards in applying the cost-plus approach to product pricing lead to

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The use of ideal standards might not allow for such ...View the full answer

Survey of Accounting

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