Among the most important uses of managerial accounting data are establishing price for a particular product...

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Finance

Among the most important uses of managerial accounting data areestablishing price for a particular product or service. This is howwe earn revenue. In many situations, there are external factorsthat impact the price that is set. This in turns impacts theorganizationâ€™s bottom line. It is important that a healthcaremanager has a solid understanding of pricing strategies. Identifyand discuss the pricing strategies available to a healthcaremanager. Be sure to discuss what it is; how it is used; and theadvantages/disadvantages of each one.

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Pricing strategies available to healthcare manager are 1 Cost plus pricing full cost profit margin This is traditional pricing strategy for manufacturing industry Advantage it ensures recovery of profit from See Answer

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