Targeting Costing is a strategic pricing method used primarily in cost accounting, where a company determines the desired profit margin and market price to establish a maximum allowable cost for a product. This approach ensures that production costs align with market expectations and profitability goals. By focusing on cost control and efficiency, target costing aids in maintaining competitive pricing while achieving financial objectives.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.