Which of the following is not a costing technique for enhancing long-term profits?

A. Target costing.

B. Standard costing.

C. Value analysis.

D. Life cycle costing.

2. The selling price of product K is set at $450 for each unit and sales for the coming year are expected to be 600 units. If the company requires a return of 20 per cent in the coming year on its investment of $300,000 in product K, the target cost for each unit for the coming year is which of the following? A $300.

B. $350.

C.$400.

D. $450.

3. Which of the following is a support activity in Porter's value chain?

Technology development.

Inbound logistics.

Outbound logistics.

Marketing and sales.