Which of the Following Is True of Target Costing

question 121

Multiple Choice

Which of the following is true of target costing?

• A) In target costing, all future costs are considered for long-run pricing.
• B) In target costing, cost is the starting point for determining the price of the product.
• C) In target costing, input from suppliers and distributors are not relevant.
• D) In target costing, a key goal is to minimize value added activities of a product.

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