Vernon Company's cost and production data for two recent months included the following: April 1,100 $1,200 $. 990 Production (units) Rent Utilities March 1,000 $1,200 900 Rent cost per unit Utility cost per unit March Rent cost Utility cost April Required Identify which cost is variable and which is <

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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.