One concern of target costing is that even though the target cost might be met,increased development time may cause the product to come late to market.

Question

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Target costing involves setting a desired cost for a product and then working backwards to determine the necessary price and required profit margin. However, in some cases, meeting the target cost may require increased development time or additional resources, which can delay the product's entry to the market. This is a potential concern of target costing.

One Concern of Target Costing Is That Even Though the Target