What do you mean by target costing?

Related questions

1. How do you calculate the selling price?
2. How do you calculate selling price?
3. What is appraisal cost in cost of quality?
4. How is target cost calculated in SAP?
5. What is stop loss target price?
6. What are the advantages of target costing?
7. What is standard costing in simple words?
8. What is the purpose of standard costing?
9. What is a target cost gap?
10. What is construction target cost?

Tags

1. #incurred
2. #market
3. #still
4. #however
5. #product
6. #maximum
7. #margin
8. #involves
9. #selling
10. #setting
11. #desired
12. #profit
13. #subtracting
14. #particular
15. #required
16. #competitive
17. #price
18. #target
19. #amount