Determine a fair and equitable price for its products


Lucinda Lopez is a cost accountant for Northern Apparel Inc. Marcus Murry, vice president of marketing, has asked Lucinda to meet with representatives of Northern of these Apparel's major competitor to discuss product cost data. MArcus indicates that the sharing of these data will enable Northern to determine a fair and equitable price for its products.Would it be ethical for Lucinda to attend the meeting and share the relevant cost data?

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Accounting Basics: Determine a fair and equitable price for its products
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