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