5. Locked in costs - Kreem Corporation is considering determine the selling price for the innovative product they having been completing research on over the past two years. They are at the point where they are getting ready to start production. Fortunately, before the started production they saw the chart on page 574 of the Cost Accounting textbook. The took this to heart and want to understand the difference between cost-plus pricing and target costing. Explain how cost-pus and target costing differ. What can be done if the selling price comes to more that the selling price determined using cost-plus pricing? What can be done if the selling price comes to higher than market price under target costing? What can be done if he target cost comes to less than estimated cost under target costing