definition of target costing
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Firstly, u've 2 understand what d meaning COST is. Cost is the total amount incured in producing/doing a particular thing. Now, when talking about UNIT COSTING, Unit Costing is the cost incured in producing a unit of commodity.
ABM strategically incorporates activity analysis, activity-based costing (ABC), activity-based budgeting, life cycle and target costing, process value analysis, and value-chain analysis.
Yes marginal costing is also sometimes called direct costing.
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for backflush costing and target costing?" Refer this link www.iugaza.edu.ps/users/shelles/Horngren/ch14.ppt
Target costing is when you have a goal for the project and its costs. Absorption costing is when you need to fix the excess spending.
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
process costin and target costing
Standard costing will be the price for something. Mostly in every store. The target costing is when one says what one is willing to pay and they can negotiate the cost.
Please help me in nswering this question
they diffrent methods
In Target costing system, comapnies tries to achieve target prices by reducing those parts of activity which are not increasing the value of product. Life cycle costing is a concept in which companies tries to read the overall process of development of product life cycle and tries to minimise the cost at area where it is not required or not increase the value of product.
Activity based Costing, Target costing, Just in Time,Total Quality Management,
Target costing refers to the design of a product and the processes used to produce it , so the ultimately the product can be manufactured at a cost that will enable the firm to make a profit when product is sold
precosting
precosting