| 15-1 | List and describe the four major influences on pricing decisions. |
| 15-2 | Explain and use the economic, profit-maximizing pricing model. |
| 15-3 | Set prices using cost-plus pricing formulas. |
| 15-4 | Discuss the issues involved in the strategic pricing of new products. |
| 15-5 | List and discuss the key principles of target costing. |
| 15-6 | Explain the role of activity-based costing in setting a target cost. |
| 15-7 | Explain how product-cost distortion can undermine a firm’s pricing strategy. |
| 15-8 | Explain the process of value engineering and its role in target costing. |
| 15-9 | Determine prices using the time and material pricing approach. |
| 15-10 | Set prices in special-order or competitive-bidding situations by analyzing the relevant costs. |
| 15-11 | Describe the legal restrictions on setting prices. |
