What is target costing in accounting?

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  2. #involves
  3. #quality
  4. #specified
  5. #cycle
  6. #determine
  7. #product
  8. #functionality
  9. #develop
  10. #subtracting
  11. #while
  12. #market
  13. #costing
  14. #desired
  15. #margin
  16. #price
  17. #setting
  18. #profit
  19. #target
  20. #sufficient
  21. #competitive
  22. #ensuring
  23. #which
  24. #approach