A. product life cycle
B. life cycle budgeting
C. life cycle costing
D. target costing
0
The companies that perform in less competitive markets and their market offerings significantly differ are classified as ___________?
0
The major approaches to make decisions about pricing include ____________?
A. independent revenue approach
B. market based approach
C. cost based approach
D. dependent revenue approach
0
The companies that perform in competitive markets using the pricing approach are known as ___________?
A. market based
B. sunk cost
C. cost based
D. both a and c
0
The selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of ____________?
A. independent revenue approach
B. market based approach
C. dependent revenue approach
D. cost based approach
0
The target price is subtracted from per unit target operating income to calculate __________?
A. target pricing
B. target costing
C. value engineering
D. all of above
0
An estimated cost per unit in long run, which enables the company to achieve it’s per unit target, operating income is classified as ___________?
A. total current full cost
B. total cost per unit
C. target operating income per unit
D. target cost per unit
0
If the cost base is $350 and the markup component is 11% then prospective selling price will be __________?
A. target operating income per unit
B. target cost per unit
C. total current full cost
D. total cost per unit
0
The target annual operating income is divided with invested capital to calculate _____________?
A. 388.5
B. 350
C. 362
D. 368.5
0
A. target rate of return on investment
B. operating income per unit
C. operating cost per unit
D. cost of goods sold
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