Definition
Method in which a fixed sum or a percentage of the total cost is added (as income or profit) to the cost of the product to arrive at its selling price.
http://www.businessdictionary.com/definition/cost-based-pricing.html
Method in which a fixed sum or a percentage of the total cost is added (as income or profit) to the cost of the product to arrive at its selling price.
http://www.businessdictionary.com/definition/cost-based-pricing.html