Cost plus

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  • Created by: jemma.bye
  • Created on: 27-08-21 12:09
COST PLUS Cost-plus pricing - Price is set by applying a percentage margin based on the unit costs of production or supply.
Mark up - the amount added to the cost price of goods to cover overheads and profit.
If a business wants to operate profitably, then by definition it's pricing must take some account of the costs of production or operation ▪ Cost is an important influence on pricing ▪ Overtime a price must be more than the related costs in

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