The following data refer to various annual costs relating to the inventory of a single-product company: Unit transportation-in on purchases Storage per unit Insurance per unit Annual interest foregone from alternate investment of funds Annual number of units required P0.20 0.12 0.10 P1,500 10,000

Q: Differentiate Ordinary Deduction and Special Deduction

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.