24 Cost-Plus Pricing Company estimates cost of production Adds a markup to cost to arrive at price which allows for a reasonable profit Benefits Simpl
{"Image DocumentName": "Cost-Plus Pricing Company estimates cost of production Benefits", "Image ImageDescription": "Adds a markup to cost to arrive at price which allows for a reasonable profit. Benefits. Simple approach. Limitations. What % markup to use? Inherently circular for manufacturing firms. Requires considerable judgment and experimentation.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}