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What is Certified Cost or Pricing Data subsequently found to have been inaccurate incomplete or non current known as?
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When an offeror is required to provide certified cost or pricing data should be used to verify that the overall price offered is fair and reasonable.?
price analysis
What do you mean by transfer pricing?
transfer pricing is in the case of transferred with in the organisation the pricing of contribution for assets ,
What is conversion cost pricing?
Pricing is based on direct labor and overhead. Materials does not affect pricing. Example: Your customer provides materials used in production.
What is contribution margin pricing?
Contribution margin pricing means to follow the contribution margin costing process to allocate price to units or production units.
Why is penetration pricing more likely than skim pricing to raise a company's or a business unit's operating profit in the long run?
The penetration pricing is more likely to raise the business unit's operating profit in the long run because it does not spend heavily on promotion.
What is certified cost or pricing data subsequently found to have been inaccurate incomplete or noncurrent known as?
Certified cost or pricing data subsequently found to be inaccurate, incomplete, or noncurrent is known as defective pricing. It refers to a situation where the data provided during the pricing process was misleading or incorrect. Defective pricing can lead to financial penalties and potential legal consequences for the party responsible for providing the inaccurate information.
What is one disadvantage of traditional cost assignment systems?
high-volume, relatively simple product will end up overcosted and subsidizing a subsequently undercosted, low-volume, relatively complex product, resulting in inaccurate unit costing and suboptimal product-line pricing decisions
What gives us the authority to request the submission of certified cost or pricing data on this modification?
52.215-11. Unless an exception applies, FAR 15.403-4 (a)(1)(iii) requires the submission of certified cost or pricing data for any modification expected to exceed the current threshold, regardless of whether or not certified cost or pricing data were initially required.
What clause in the FAR provides a remedy to the government in the event the contractor submits defective certified cost or pricing data on this modification?
FAR 15.408 (c) states, "The contracting officer shall, when contracting by negotiation, insert the clause at 52.215-11, Price Reduction for Defective Certified Cost or Pricing Data -- Modifications, in solicitations and contracts when it is contemplated that certified cost or pricing data will be required from the contractor or any subcontractor (see 15.403-4) for the pricing of contract modifications, and the clause prescribed in paragraph (b) of this section has not been included."
Which 10 USC is the statutory authority for requiring certified cost or pricing data?
10 U.S.C. 2306(a)
When the Contracting Officer has relied on certified cost or pricing data in the price determination which of the following statements is true?
price negotiation
When an offeror is required to provide certified cost or pricing data should be used to verify that the overall price offered is fair and reasonable.?
price analysis
What is good value pricing?
Value is a relative price point when compared versus premium (expensive) and economy (cheap), the key question to answer is "this is good value compared to what?", and subsequently "why is this better value?"
What is good-value pricing?
Value is a relative price point when compared versus premium (expensive) and economy (cheap), the key question to answer is "this is good value compared to what?", and subsequently "why is this better value?"
What are the different pricing methods in international marketing?
Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing
What situations are considered exempt from the submission of Certified Cost or Pricing Data?
sole source acquisition of $35 million FFP effort; price determined using cost analysis.
How much does certified nursing assistant classes cost on average?
You should be able to get into this program for less than $1000. I have found pricing anywhere from about $700 on up to over $1000.
