Which pricing procedure requires an individual price for every item of service and merchandise?

The concept behind the pricing procedure that involves assigning an individual price to every item of service and merchandise is known as itemization. This approach allows consumers to see the specific costs associated with each part of the services and products offered by a funeral home or mortuary. Itemization provides transparency, enabling families to understand exactly what they are paying for and affording them the ability to select services and merchandise based on their individual needs and budget.

In contrast, other pricing procedures may not provide such detailed breakdowns. The service fee typically encompasses a bundle of services for a single price, while the functional pricing may group costs by the type of function performed, and unit pricing usually ties to the cost per unit but doesn't specify each item individually. Therefore, itemization stands out for its clarity and detailed presentation of prices, making it the correct choice.