Last Updated 28 Feb 2020

Explain How An Organisation Can Cost A Product And Determine Its Price At Any Activity Level

Essay type Research
Words 601 (2 pages)
Views 300

You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

Haven’t found the relevant content? Hire a subject expert to help you with Explain How An Organisation Can Cost A Product And Determine Its Price At Any Activity Level

Hire writer

2. Suggest the weekly production level and a breakdown of costs for one product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why. You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

  1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

2. Suggest the weekly production level and a breakdown of costs for one product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why.You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

2. Suggest the weekly production level and a breakdown of costs for one product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why.You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

2. Suggest the weekly production level and a breakdown of costs for one product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why. You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

2. Suggest the weekly production level and a breakdown of costs for one
product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why.You may wish to choose a business you already have knowledge of from trips or your part-time employer.

For a product of your choice:

1. Clearly explain the main cost elements and the nature of those costs – define and give relevant examples of variable, fixed, semi-variable, direct and indirect costs

2. Suggest the weekly production level and a breakdown of costs for one product from your chosen business. Then calculate the marginal and absorption costs per unit.

3. Describe at least 2 methods of setting the price, including cost-plus pricing. Then suggest which method is best suited to your chosen business’ product and why.

Explain How An Organisation Can Cost A Product And Determine Its Price At Any Activity Level essay

Haven’t found the relevant content? Hire a subject expert to help you with Explain How An Organisation Can Cost A Product And Determine Its Price At Any Activity Level

Hire writer

Cite this page

Explain How An Organisation Can Cost A Product And Determine Its Price At Any Activity Level. (2016, Aug 12). Retrieved from https://phdessay.com/explain-how-an-organisation-can-cost-a-product-and-determine-its-price-at-any-activity-level/

Not Finding What You Need?

Search for essay samples now

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire writer