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Variable or Marginal Costs are irrelevant for product pricing. State True of False ?

Pricing Strategy Accounting Cost Accounting Cost Center Accounting
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Question added by Deleted user
Date Posted: 2014/09/18
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Ijaz Ahmad
by Ijaz Ahmad , Manager Finance , VIP Wears (Pvt) Limited

false

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

False, because the elements of cost are determinants of the price especially in the mark up pricing 

ahmed sameer morsy
by ahmed sameer morsy , Financial Manager , EAST FLEET TRADING COMPANY

FALSE :   It have an effect  on product price

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