The most commonly used pricing technique for manufacturers is:
A)direct pricing.
B)margin pricing.
C)cost-plus.
D)absorption pricing.

Question

Quizplus · Accepted Answer

Cost-plus pricing is the most commonly used pricing technique for manufacturers, where the selling price is calculated by adding a markup percentage to the total cost of producing the product. This approach ensures that the company covers all costs and makes a profit, making it a popular choice among manufacturers.

The Most Commonly Used Pricing Technique for Manufacturers Is