Which of the Following Is Not a Step in the Target

question 86

Multiple Choice

Which of the following is not a step in the target costing approach to pricing?

• A)Define the desired profit to be made on that product.
• B)Dictate which products should not be produced.
• C)Compute a target cost for the product by subtracting the desired profit from the competitive market price.
• D)Identify the price at which a product will be competitive in the marketplace.

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