is a new attempt in which cost is the difference between the price expectation of the customers and...........

Costing - Phase (I & II) Lean System and Innovation

____________ is a new attempt in which cost is the difference between the price expectation of the customers and margin expectations of the corporation entities.

Target Costing

Activity based costing

Benchmarking

Total Quality Management

None of the above

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Explanation:

Target Costing is a new attempt in which cost is the difference between the price expectation of the customers and margin expectations of the corporation entities. Cost= Price – Target Profit.