Selling prices computed under cost-plus pricing are prospective prices that may or may not actually be charged to customers.

Question

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Cost-plus pricing involves adding markup or profit to the cost of a product or service to arrive at a selling price. This selling price is a prospective price that may or may not be charged to customers, depending on market demand, competition, and other factors.

Selling Prices Computed Under Cost-Plus Pricing Are Prospective Prices That