EBK COST ACCOUNTING
EBK COST ACCOUNTING
15th Edition
ISBN: 9780133812763
Author: Rajan
Publisher: VST
Question
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Chapter 13, Problem 13.10Q
To determine

Target Costing:

Target costing refers to the cost that is ascertained as per the needs and wants of the customers and their willingness to pay.

Pricing Decisions:

Pricing decisions are those decisions that are related to ascertain the price of a particular product or services.

To explain: The cost plus pricing.

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