What is the pricing procedure called that places a separate price on caskets and a separate price on service fees?

The bi-unit pricing procedure is characterized by the separate listing of prices for caskets and service fees. This method allows consumers to see the individual costs associated with a funeral service and casket selection, providing transparency in pricing. By distinguishing these elements, funeral homes can offer a clearer understanding of what clients will pay for each component of the service. This can help families prepare more effectively for their expenses and allows for greater customization and flexibility in service choices.

Other pricing procedures, such as unit pricing, combine the cost of the casket and the service fees into a single price, which may not provide the same level of clarity as bi-unit pricing. Functional pricing focuses on the specific functions performed during the funeral process, which may also not delineate between casket and service costs like the bi-unit method does. Understanding bi-unit pricing aids consumers in making informed choices based on their specific needs and budget.