Which of the Following Formulas Best Reflects Target Costing

question 37

Multiple Choice

Which of the following formulas best reflects target costing?

• A)Target cost = Firm-determined price less desired profit.
• B)Target cost = Market-determined price less desired profit.
• C)Target cost = Firm-determined price less desired revenue.
• D)Target cost = Market-determined price less desired revenue.
• E)Target cost = Firm-determined price less market-determined price.

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Definitions:

Spoken Channels

Means of communication that rely on verbal messages, such as conversations, speeches, or presentations.

Audience Centred

An approach focusing on understanding and addressing the interests, needs, and expectations of the audience.

Oral Presentation

A spoken presentation intended to inform, persuade, or build goodwill among an audience.

Flashy

describes something that is showy, vibrant, and intended to attract attention through its brightness or ostentation.