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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 407 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Traditional wisdom was to create a product, figure out the cost, add a profit margin, and then determine the price. Target costing is another way to “watch” costs and setting prices. Do research on the Internet and show the reference for the information. Don't forget to respond to a colleague's posting also. Accounting for Management. (n.d.). Target Costing Approach to Pricing. Retrieved from http://www.accountingformanagement.com/target_costing_pricing_products_and_services.htm J Feil, P. , Yook, K., & Kim, I. Japanese Target Costing: A Historical Perspective. (2004, Spring). International Journal of Strategic Cost Management. Retrieved from http://economiceducation.us/dotAsset/785833.pdf Part 5 Target Costing. BMALeanManagement. (2011, July 4). YouTube Video. Retrieved from http://www.youtube.com/watch?v=hiiw1t4DA0Q
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