Start learning →

A target cost is what kind of limit on cost per product?

AAverage
BMinimum
CMaximum
DStandard
Answer & Solution
Correct answer: C. Maximum
It is the maximum cost allowed while still earning the required profit at the selling price.
Practise this question with Quill — CA Final →

Keep practising Introduction to Strategic Cost Management

Browse all Introduction to Strategic Cost Management questions for CA Final, or explore more Cost and Management Accounting topics.

Start a Introduction to Strategic Cost Management lesson →
Related questions