Average cost pricing

 

 

 

Average cost pricing

 

Glossary of business

 

Definition of average cost pricing

 

Average cost pricing is a method of pricing where the firm finds the average cost of the product (the unit cost) and then sets their price by adding a mark-up onto the average cost. For example, the average cost may be $10 per unit and the firm may add a mark-up of 10% giving a price of $11.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of average cost pricing

 

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Meaning of average cost pricing

 

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