When making decisions for product mix or and pricing,the focus should be on total costs and not unit costs.

Question

Quizplus · Accepted Answer

The focus should be on total costs because it takes into account all of the costs associated with producing and selling a product, including fixed and variable costs, as well as indirect costs such as marketing and overhead. Unit costs, on the other hand, only consider the cost per unit of production and do not take into account other expenses that may be incurred.

When Making Decisions for Product Mix or and Pricing,the Focus