The Last Step in the Target Costing for Target Pricing

Multiple Choice

The last step in the target costing for target pricing approach is

A) calculating a target cost per unit.
B) setting the unit selling price by using the prevailing market price per unit as a price ceiling.
C) performing value engineering to achieve the target cost per unit.
D) applying cost analysis to determine which parts of the service/product cost can be targeted for reduction or control.