Identify a true statement about cost-based pricing. a. An appropriate markup percentage is always required in cost-based pricing. b. Cost-based pricing requires an approximate estimate of the cost for pricing a product. c. Cost-based pricing is used only by manufacturing and trading companies. d. The markup percentage used in cost-based pricing includes only the desired profit.
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Home » Business » Identify a true statement about cost-based pricing. a. An appropriate markup percentage is always required in cost-based pricing. b. Cost-based pricing requires an approximate estimate of the cost for pricing a product. c.