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Target costing is a method of setting prices that combines market - based pricing with a cost - reduction emphasis. It is also useful in
Target costing is a method of setting prices that combines marketbased pricing with a costreduction emphasis. It is also useful in highly competitive markets.I want you to go online and search for examples of companies that use target costing. If possible, look for reasons why these companies chose to use target costing. Is there a particular industry that prefers to use target costing as a method of setting prices?
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