CEAUSESCU, Aurelian Ionut; VADUVA, Cecilia - In: Annals - Economy Series 4.II (2010) December, pp. 160-167
The target cost method was designed as a comprehensive set of tools for cost planning, cost management and cost control. This method is based on the idea that the selling price of a product is fixed at the market. Price does not therefore depend on cost. Target costing method is not only a...