Which of the following is/are not true regarding pricing for service firms?
A)A service firm must establish a price based on the materials used to provide the service, the labor employed, an allowance for overhead, and a profit.
B)Most service firms base their prices on an hourly rate (usually actual hours), but sometimes standard hours are used.
C)For most service firms, labor and profit comprise the largest portion of the cost of the service.
D)None of the above

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The Answer of Which of the following is/are not true regarding pricing for service firms?
A)A service firm must establish a price based on the materials used to provide the service, the labor employed, an allowance for overhead, and a profit.
B)Most service firms base their prices on an hourly rate (usually actual hours), but sometimes standard hours are used.
C)For most service firms, labor and profit comprise the largest portion of the cost of the service.
D)None of the above

Which of the Following Is/are Not True Regarding Pricing for Service