Difference btw traditional costing and target costing
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traditional cost-based pricing is designed to appeal to any customers, but target costing targets specific customers. ... traditional cost-based pricing considers the market that is available for the product at the end of the process, whereas target costing considers the market at the beginning of the process.
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The traditional costing considers the market that is available for the product at the end of the process and the target costing considers the market at the beginning of the process.
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