Target costing sets costs based on the price that customers are willing to pay.
a. true
b. false

Question

03-08-2022
Business

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Target costing sets costs based on the price that customers are willing to pay.
a. true
b. false

Respuesta :

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AnnuG AnnuG · Answer 1 · 2022-08-11T16:50:12+02:00

It is False that Target costing sets costs based on the price that customers are willing to pay.

Because target costing estimates product cost by subtracting a desired profit margin from a competitive market price. As the target cost makes reference to the competitive market, it is fundamentally customer-focused and an important concept for new product development.

Costing is any system for assigning costs to an element of a business.

Competitive is most commonly used to describe a person who has a strong desire to compete and win.

Development is the act, process, or result of developing the development of new ideas an interesting development in the case.

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Target costing sets costs based on the price that customers are willing to pay. a. true b. false

Respuesta :

Otras preguntas

Target costing sets costs based on the price that customers are willing to pay.
a. true
b. false