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An advantage of using this costing scheme is that it is a proactive approach to managing costs. It requires companies to be aware of their
An advantage of using this costing scheme is that it is a proactive approach to managing costs. It requires companies to be aware of their costs and know how flexible they can be to respond to market demands. Target costing helps companies minimize the cost of activities that do not add value for customers. Select one: a. target costing b. percentage of mark-up C. market-based pricing. d. cost plus pricing
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