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When pricing products, many companies use target costing and/or cost-plus pricing methods. Required: 1. Discuss explain how target costing is applied to new products. 2.

When pricing products, many companies use target costing and/or cost-plus pricing methods. Required: 1. Discuss explain how target costing is applied to new products. 2. How does target costing differ from cost-plus pricing? 3. Can an activity-based costing system be used with target costing? Explain

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