Which of the following statements is true? I Companies operating in competitive markets generally use...
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Accounting
Which of the following statements is true? I
Companies operating in competitive markets generally use the cost- plusapproach to price products.
An example of why a manager would perform cost allocations for economic decisions would be to cost inventories for reporting to the taxauthorities.
) In long-run pricing, decisions should consider all manufacturing and non-manufacturing costs but should consider all future direct and indirect costsas irrelevant.
For long-run pricing decisions, using stable prices has the advantage ofhelping to build buyer-seller relationships.
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