Management's pricing and cost decisions for a product are influenced by that product's cost assignments.

Name: Management's pricing and cost decisions for a product are influenced by that product's cost assignments.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. The cost assignments of a product, such as direct materials, direct labor, and overhead costs, will impact management's decisions regarding the price to charge for the product, as well as the cost to produce it.

Management's Pricing and Cost Decisions for a Product Are Influenced