What pricing method combines service and merchandise into a single price?

Prepare for the Pittsburgh Institute of Mortuary Science Test with interactive quizzes and detailed explanations. Enhance your knowledge and get ready to excel on your exam!

Unit pricing is a method that combines service and merchandise into a single price, providing a straightforward way for consumers to understand the total cost they will incur for a service, such as funeral arrangements. This approach simplifies the pricing structure by presenting a single comprehensive price that covers both the services rendered and any goods provided. This can enhance transparency and ease of decision-making for the client, as they are not presented with separate charges that could complicate the overall understanding of the total expenditure.

In contrast, the other pricing methods mentioned do not specifically combine services and merchandise in such a manner. Functional pricing typically refers to pricing based on the function or value of services without combining merchandise. Bi-unit pricing involves separate pricing for services and merchandise, while the term double seal is not a standard pricing method used in funeral services and does not pertain to the combination of service and merchandise.

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