______________ is introduced as a technique that aims to manage product costs throughout the design stage.
A)Process Costing
B)Product Costing
C)Target Costing
D)Strategic Costing

Question

Quizplus · Accepted Answer

Target Costing is a pricing method used by companies to manage costs with the aim of meeting a specified cost level so that the product can be sold at a desired price point, making it competitive in the market. This approach is particularly focused on managing costs during the design and development stages to ensure the product can be produced within a certain cost framework to achieve target profit margins.

______________ Is Introduced as a Technique That Aims to Manage