Business, Legal & Accounting Glossary
A variant of cost-plus pricing that takes into account the specific resources required to make a product. Instead of charging an arbitrary fee to cover fixed expenses, a business would calculate the cost of labor, buildings, administration, and other inputs. This type of pricing is more difficult to calculate than simple cost-plus pricing.
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Definitions for Activity-Based Pricing are sourced/syndicated and enhanced from:
This glossary post was last updated: 19th November, 2021 | 0 Views.