The attainment phase of target costing focuses on:
A) Eliminating the cost gap.
B) Establishing the target price.
C) Developing a target cost based on expected profit.
D) Pareto analysis of product failures.

Question

Quizplus · Accepted Answer

The attainment phase of target costing primarily focuses on eliminating the cost gap, which is the difference between the current cost of the product and the target cost. This involves implementing cost reduction strategies to meet the target cost objectives.

The Attainment Phase of Target Costing Focuses On