Which of the following is NOT associated with target costing?
A)The mark-up component
B)All value-chain business functions
C)Cross-functional teams
D)Value engineering

Question

Quizplus · Accepted Answer

The mark-up component is not associated with target costing. Target costing focuses on reducing costs and determining the maximum amount that can be spent on a product or service, whereas mark-up is a pricing strategy that involves adding a percentage to the cost of a product to determine its selling price.

Which of the Following Is NOT Associated with Target Costing