What do the terms target cost and target price mean? Explain how they are developed.

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Apr 25, 2012 07:39 AM

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What do the terms target cost and target price mean? Explain how they are developed.

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Target cost is the target price minus some desired profi...View the full answer

Fundamentals of Cost Accounting

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