COST BASED PRICING

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Across
  1. 2. The part of a price which seeks to provide a business with profit as opposed to covering it's costs.
  2. 5. An expense that can be traced directly to a specific cost centre or cost object such as a department, process, or product.
  3. 7. This method takes into account that different products within a company might need to be priced using a different criteria
Down
  1. 1. An expense (such as for advertising, computing, maintenance, security, supervision) which is difficult to assign to or identify with a specific cost object or cost centre(department, function, program).
  2. 3. Method of pricing in which all costs are recovered
  3. 4. When total costs are equal to total revenue
  4. 6. The pricing method of setting a price by calculating the average costs of producing goods and adding a mark up for profit
  5. 8. Involves businesses setting a price that will earn them a particular level of profit