In the target costing process,target price is computed by adding the desired profit margin to the target product cost.

Name: In the target costing process,target price is computed by adding the desired profit margin to the target product cost.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

In the target costing process, the target cost is computed by subtracting the desired profit margin from the expected selling price. Therefore, the target price is computed by adding the desired profit margin to the target cost.

In the Target Costing Process,target Price Is Computed by Adding