Deducting the desired profit margin from the price at which a product will sell, given its appeal and competitors' prices, is known as ________.
A) overhead costing
B) target costing
C) activity-based costing
D) benefit analysis
E) estimate costing

Question

Quizplus · Accepted Answer

Deducting the desired profit margin from the price at which a product will sell is known as target costing.

Deducting the Desired Profit Margin from the Price at Which