What is the method of price quotation where each unit of service and/or merchandise is priced separately?

Itemization is the method of price quotation where each unit of service and/or merchandise is priced separately. This approach provides transparency to the consumer, allowing them to see the exact costs associated with each component of the service or product being offered. It enables clients to make informed decisions about their purchases according to their specific needs and budget.

In the context of funeral service merchandising, itemization allows families to understand the pricing structure clearly, which can help alleviate anxiety around costs during what is often a difficult time. By itemizing, funeral directors can present various options for services and merchandise, allowing families to choose only those that are necessary or desired, thereby promoting a sense of control and understanding in the planning process.

The other methods mentioned, such as bundling or flat rate, do not provide this level of detailed pricing. Bundling combines multiple services or products under one price, which may obscure individual costs, while flat rate offers a single price for a specific service without itemization. Quotient pricing is not a recognized term in this context and thus isn't relevant to the characteristics of pricing in funeral services.