Multiple Choice
Which of the following statements is true of target pricing?
A) It starts with the price that customers are willing to pay.
B) It uses the full product cost that a company estimates to arrive at the sales price.
C) It does not consider the nonmanufacturing costs when calculating the target cost.
D) It is the same as cost-based pricing.
Correct Answer:
Verified
Correct Answer:
Verified
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