The formula for target cost is: a. Price desired profit. b. Desired profit -5- price. c.

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The formula for target cost is:

a. Price — desired profit.

b. Desired profit -5- price.

c. Absorption cost X profit percentage.

d. Desired profit — absorption cost.

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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