Target costing is a method of costing, developed by the manufacturers of Ford automobiles, that...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Target costing is a method of costing, developed by the manufacturers of Ford automobiles, that begins with the estimated price customers are willing to pay for a product, and then subtracts the desired profit to determine the cost targets that must be met.
True/False?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
