Read the following paragraphs and put the number of sentence into each blank by using the phrase given as a clue.
1. Setting the right price is a crucial step toward achieving a company’s profit profit. 2. Before a retailer can determine which retail pricing strategy to use in setting the right price, he must know the costs associated with the products. 3. Two key elements in factoring product cost is the cost of goods and the amount of operating expense. 4. The cost of goods includes the amount paid for the product, plus any shipping or handling expenses. 5. The cost of operating the business, or operating expense, includes overhead, payroll, marketing and office supplies.