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Which of the following identifies an estimated price customers are willing to pay and then computes...

Which of the following identifies an estimated price customers are willing to pay and then computes the cost to be achieved to earn the desired profit.

A) Cost-plus pricing

B) Target costing

C) Kaizen costing

D) Peak-load costing

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Answer is highlighted in yellow: Solution: Answer: B) Target costing Explanation: Target costing is calculated based on the c

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