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In cost-plus pricing 'plus' refers to a component named as

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Management Accounting
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In cost-plus pricing, 'plus' refers to a component named as

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Correct Answer: Option B
In cost-plus pricing, 'plus' refers to a component named as markup. Cost-plus pricing, also called markup pricing, is the practice by a company of determining the cost of the product to the company and then adding a percentage on top of that price to determine the selling price to the customer.
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