Many managers prefer to use absorption-costing data in cost-based pricing decisions.

Name: Many managers prefer to use absorption-costing data in cost-based pricing decisions.
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Absorption costing includes all manufacturing costs, including direct materials, direct labor, and both variable and fixed manufacturing overhead. This can provide a more accurate and comprehensive picture of the cost of producing a product and may be preferred by managers for pricing decisions.

Many Managers Prefer to Use Absorption-Costing Data in Cost-Based Pricing