Hazardous Weather Outlook; Local Climatology; Mid-South Observations; More Current Weather
Business Jargons A Business Encyclopedia. Going-Rate Pricing. Definition: The Going-Rate Pricing is a method adopted by the firms wherein the product is priced as per the rates prevailing in the market especially on par with the competitors.
Cost-plus pricing is a pricing method in which selling price of a product is determined by adding a profit margin to the cost per unit of the product. Cost per unit includes actual direct materials, actual direct labor, actual variable manufacturing overheads and allocated fixed manufacturing overheads.