The cost-plus pricing approach is generally in the form:

ACCOUNTING

Multiple Choice

The cost-plus pricing approach is generally in the form:

a. Cost base + Markup component = Prospective selling price.

b. Prospective selling price - Cost base = Markup component.

c. Cost base + Gross margin = Prospective selling price.

d. Variable cost + Fixed cost + Contribution margin = Prospective selling price.

Click here for the SOLUTION