The product costing technique in which markup component is added into cost base, to set a target price is known as Options: A . &nbspmarket based approach B . &nbspcost incurrence pricing C . &nbspcost plus pricing D . &nbsplocked-in cost pricing

The product costing technique in which markup component is added into cost base,

Question

The product costing technique in which markup component is added into cost base, to set a target price is known as

Options:

A . market based approach

B . cost incurrence pricing

C . cost plus pricing

D . locked-in cost pricing

Answer: Option C
Answer: (c).cost plus pricing

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