To maximise profit you need to sell your output at the highest price. After what you have learned this week with regards to costing systems and pricing of products analyse the validity of this statement. How should marginal costs be considered when determining prices?Atrill P. & McLaney E. (2012)Management Accounting for Decision Makers. 7th ed. Harlow England : Pearson Education Ltd. and the points are:Full costing and variable costingThe modern product costing and pricing environmentPrinciples and practices of activity-based costingNew approaches to managing product costsIssues underlying pricing decisions