The two most common cost-oriented pricing procedures are the full-cost method and the incremental- cost method.

Name: The two most common cost-oriented pricing procedures are the full-cost method and the incremental- cost method.
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Quizplus · Accepted Answer

The statement is true. The full-cost method includes all costs, both direct and indirect, to determine the total cost per unit. The incremental-cost method only includes the additional cost of producing one more unit to determine the cost of each unit.

The Two Most Common Cost-Oriented Pricing Procedures Are the Full-Cost