Which of the following factors is considered in a product pricing decision made using cost-plus pricing?
A)Price customers are willing to pay
B)Selling and administrative costs
C)Competitors' actions
D)Fixed cost per unit

Question

Quizplus · Accepted Answer

Cost-plus pricing involves setting the price based on the cost per unit plus a markup. The fixed cost per unit is a key factor in determining the cost per unit, which is then used to calculate the final price. The other factors listed (price customers are willing to pay, selling and administrative costs, competitors' actions) are not explicitly considered in cost-plus pricing.

Which of the Following Factors Is Considered in a Product