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For a company using target costing, market price minus profit equals target price. True or False?

For a company using target costing, market price minus profit equals target price. True or False?
asked 30.4k views
2 votes
For a company using target costing, market price minus profit equals target price.

True or False?

asked
User Uotonyh
by
7.7k points

1 Answer

1 vote

Answer:

The answer is false

Step-by-step explanation:

Market price minus profit equals target cost and not target price.

answered
User Shiridish
by
8.4k points
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