Accountancy, asked by johnmbogonyaga, 1 month ago

6 .A company plans in advance for the price points, product costs, and margins that it wants to achieve for a new product in ______.

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Answered by minhasherief

Answer:

Target costing is a system under which a company plans in advance for the price points, product costs, and margins that it wants to achieve for a new product. If it cannot manufacture a product at these planned levels, then it cancels the design project entirely.

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