Question
Target costing determines the desired cost for a product upon the basis of a given competitive price such that the product price: Break even. Earn
Target costing determines the desired cost for a product upon the basis of a given competitive price such that the product price:
| Break even. | ||
| Earn a desired ROI. | ||
| Earn the maximum profit. | ||
| Earn at least a small profit. | ||
| Equals target cost plus desired profit. |
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Microeconomics
Authors: Michael Parkin
6th Edition
0321112075, 9780321112071
