What Is Cost Plus Pricing? How Do You Use It In Sales?
Salesforce
FEBRUARY 7, 2024
Figuring out the right way to price your products can be tricky. Also known as markup pricing, cost plus pricing is a simple way to determine the sales price of a product. In this method, a fixed percentage is added to the total production cost for one product unit, yielding its selling price. 50 x (1 + 0.40) = $70.
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