ACC 349 Cost Accounting WEEK 5 DQ

·         This week, in reading chapter 8, we will be learning of various pricing decisions which include many different factors.  I will be posting new discussions in this thread as the week progresses to ensure we have covered all types of pricing.  If a question has already been answered, please move on and answer the newer questions.  So, let's get started!

One of the pricing approaches is Cost-Plus pricing.  Let's discuss the benefits as well as limitations using this pricing method.  When is this method typically used and give an example.