Setting a price on perishable items does not include calculating
a. A selling price per dozen,
b.by. the total cost,
c. the total selling price,
d. a selling price per day
my answer is D.
To determine the correct answer, let's break down each option and understand how it relates to setting a price on perishable items:
a. A selling price per dozen:
This option suggests pricing the perishable items based on the quantity sold per dozen. While this approach can be used for non-perishable items like eggs or baked goods, it may not be suitable for all perishable items since their pricing can be influenced by factors like expiration dates or quality.
b. By the total cost:
This option involves calculating the total cost of acquiring or producing the perishable items, such as the cost of ingredients, storage, transportation, and other overhead costs. Understanding the total cost is essential to ensure that pricing covers expenses and allows for a reasonable profit margin.
c. The total selling price:
Determining the total selling price involves considering both the cost and desired profit margin. It requires adding the total cost to the desired profit, which accounts for expenses and ensures a reasonable return on investment.
d. A selling price per day:
This option implies setting a price based on a daily basis. While it may be applicable for certain perishable items, such as products in a daily market, it might not be practical for all perishables. Perishable items that have a longer shelf life or are sold in larger quantities might require a different pricing strategy.
Given the information above, the answer that does not typically include calculating the price of perishable items is d. a selling price per day. So, your answer is correct.