Target Costing
Definition: Starts with desired price and works backward to allowable cost
Scope:NarrowDifficulty:Moderate
Part of: Cost Accounting
Starts with desired price and works backward to allowable cost
StandardsIMA, Japanese origin
CertificationsCMA
GeographyToyota pioneered; dominant in Japan
Related Subjects
See Also
- Cost AccountingPart of Cost Accounting
External Links
- Target costing — Wikipedia