How does target cost concept differ from cost-plus approch

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Question (1) Explain differential analysis, give examples of sunk cost, opportunity cost.

Question (2) How does the target cost concept differ from cost-plus approach? which industry may use target cost concept for pricing?

Question (3) Under what conditions might a company use activity -based costing to allocate factory overhead for products, why?

Reference no: EM132594636

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