Target costing: a. Requires specification of desired level of profit. b. Targets specific costs for reduction. c.

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Target costing:

a. Requires specification of desired level of profit.

b. Targets specific costs for reduction.

c. Is used primarily with products that are al¬ ready in production.

d. Leads to profit maximization.

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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