Instions 1. Interpret the illustration on the concept of Target Costing 2. Discuss the following two...

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Instions 1. Interpret the illustration on the concept of Target Costing 2. Discuss the following two points and justify your answers: Tactic to follow if the market price rises. Would the profit margin go up or would the target cost go up? Tactic when the market price goes down. Would you lower the profit margin or implement controls to further reduce the larget cost? 3. Submit your answers through this medium in an attached document with the name of the task: T3.2-Target Cost Application 4. Use the attac file button to send your document 5. Remember to visit the Important Information button of the course to know the rules and evaluation methods. 6. Turn in your T3.2 assignment on or before midnight EST on Sunday. Instions 1. Interpret the illustration on the concept of Target Costing 2. Discuss the following two points and justify your answers: Tactic to follow if the market price rises. Would the profit margin go up or would the target cost go up? Tactic when the market price goes down. Would you lower the profit margin or implement controls to further reduce the larget cost? 3. Submit your answers through this medium in an attached document with the name of the task: T3.2-Target Cost Application 4. Use the attac file button to send your document 5. Remember to visit the Important Information button of the course to know the rules and evaluation methods. 6. Turn in your T3.2 assignment on or before midnight EST on Sunday.