Controlling the Cost Through Target Costing

Target costing has recently received more attention due to the increased competition and customer's ever increasing demand for a wide variety of products. It is adopted mainly in the manufacture of electronic products and Automobiles. The researchers in target costing have concentrated most of...

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Bibliographic Details
Main Author: Latha, Alagappan
Format: Thesis
Published: 2004
Subjects:
Online Access:http://shdl.mmu.edu.my/113/
Description
Summary:Target costing has recently received more attention due to the increased competition and customer's ever increasing demand for a wide variety of products. It is adopted mainly in the manufacture of electronic products and Automobiles. The researchers in target costing have concentrated most of all in the innovation of a new product. The research is focused in the achievement of target cost for an existing product. The research involves a case analysis of two companies explaining how far they could achieve the target cost.