In some cases, manufacturers design products for different price points and retailers apply to achieve the three or four different price points offered to consumers. above-, at-, or below-market pricing different markup percentages depending how long the item remains on their shelves progressively higher markup percentages approximately the same markup percentages elasticity of demand pricing calculations

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above