Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Target costing calculated cost
![Question
Target costing calculates cost as
(a) Market price plus desired profit
(b) Market price minus desired profit
(c) Historical cost plus markup
(d) Variable cost plus fixed cost](https://content.bartleby.com/qna-images/question/33f39daf-c071-4b1a-97a7-d6cfc2e60896/838ca43b-593f-43c0-a492-b9ac9c601c66/03q56vc_thumbnail.jpeg)
Transcribed Image Text:Question
Target costing calculates cost as
(a) Market price plus desired profit
(b) Market price minus desired profit
(c) Historical cost plus markup
(d) Variable cost plus fixed cost
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