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This week we discuss target costing as means of determining desired profit. Discuss the use of target costing within the cost life-cycle and its benefits.

This week we discuss target costing as means of determining desired profit. Discuss the use of target costing within the cost life-cycle and its benefits. Be sure to give at least two examples of the benefits of target costing and/or what situations (i.e. types of products) it might be best utilized

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