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Rucha rajesh shingvekar
B As marginal costing is based on variable costs, it is easier when a readily identifiable variable cost has been established. The budgeted volume of output does need to be determined for full cost-plus pricing as it would be used to calculate the overhead absorption rate for the calculation of the full cost per unit. Cost-plus pricing is internally focused and a drawback of the technique is that it fails to consider external influences, like competitor pricing strategies. The mark-up percentage does not have to be fixed; it can vary and be adjusted to reflect market conditions.