Which of the following statements describes target costing? Question 10 Not yet answered Marked out of 1.00 P Flag question O a. It is use to price a product as competitively as possible O b. It identifies the market price of a product and then subtracts a desired profit margin to arrive at the target cost O c. It allocates overhead costs to products by collecting the costs into pools and sharing them out according to each product's usage of the cost driving activity O d. It calculates the expected cost of a product and then adds a margin to it to arrive at the target selling price Oe. It identifies different markets for a product and then sells that same product at different prices in each market