Product costing technique in which markup component is added into cost base, to set a target price is known as

Product costing technique in which markup component is added into cost base, to set a target price is known as Correct Answer cost plus pricing

Product costing technique in which markup component is added into cost base, to set a target price is known as cost plus pricing. Product costing methods are used to assign a cost to a manufactured product.

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Costing system, which is a combination of process costing and job costing system is classified as