(c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss a

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(c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss any potential

limitations in its application. (8 marks)

参考答案:

(c) Target costing should be viewed as an integral part of a strategic profit management system. The initial consideration in targetcosting is the determination of an estimate of the selling price for a new product which will enable a firm to capture its

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