Decisions on the price to bid on a one−time−only special order should include A. existing fixed...
Decisions on the price to bid on a one−time−only special order should include
A. existing fixed manufacturing overhead.
B. cost data, and the use of variable costing income statements.
C.only the potential bids of competitors.
D.cost data and potential bids of competitors.
E. only cost data
Which of the following is TRUE of alternative long−run pricing approaches?
A. market−based approach only considers how customers will react.
B. A cost−based approach only considers how customers will react.
C. A market−based approach is more logical in a competitive market.
D.A market−basedapproach only considers costs.
E.In cost−plus pricing, selling price ignores market forces when setting the markup
Homework Answers
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| Decisions on the price to bid on a one−time−only special order should include |
| B. cost data, and the use of variable costing income statements. |
| Which of the following is TRUE of alternative long−run pricing approaches? |
| C. A market−based approach is more logical in a competitive market. |
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