Babylon 10
The world's best online dictionary

Download it's free

Definition of Full-cost pricing

Full-cost pricing Definition from Business & Finance Dictionaries & Glossaries
MONASH Marketing Dictionary
a pricing strategy in which all relevant variable costs and a full share of fixed costs directly attributable to the product are used in setting its selling price. See Incremental-Cost Pricing.
2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.
Full-cost pricing Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
Environmental Full cost accounting (EFCA) generally refers to the process of collecting and presenting information — about environmental, social, and economic costs and benefits/advantages (collectively known as the "triple bottom line") - for each proposed alternative when a decision is necessary. It is a conventional method of cost accounting that traces direct costs and allocates indirect costs. A synonym, true cost accounting (TCA) is also often used. Experts consider both terms problematic as definitions of "true" and "full" are inherently subjective (see Green economics for more on these problems).

See more at Wikipedia.org...
© This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License and under the Creative Commons Attribution-ShareAlike License