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Question 8.PMCQ.1: (LO 1) Target cost related to price and profit means that: a...

(LO 1) Target cost related to price and profit means that:
a. cost and desired profit must be determined before selling price.
b. cost and selling price must be determined before desired profit.
c. price and desired profit must be determined before costs.
d. costs can be achieved only if the company is at full capacity.

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