Target Costing

SANJAY KEDIA , Last updated: 24 June 2016  
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A target cost is the allowable amount of cost that can be incurred on a product and still earn the required profit from that product. It is a market driven cost that is computed before a product is produced. Around 80% of the costs of many products are committed at the design stage. Therefore, the b

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SANJAY KEDIA
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