Solved

To Establish a Reasonable,profitable Price for Service,the Small Business Owner

Question 52

Multiple Choice

To establish a reasonable,profitable price for service,the small business owner needs to know:


A) fixed and variable costs,the break-even point,and his/her contribution percentage.
B) competitors' prices,and costs of direct and indirect labor.
C) the cost of materials,direct labor,and overhead for each unit of service.
D) full-absorption costs,direct and indirect labor,and the break-even point.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents