Using target cost in determining price

Aurelian Ionut Ceausescu and Cecilia Vaduva
Additional contact information
Aurelian Ionut Ceausescu: “Constantin Brâncuşi” University of Târgu Jiu
Cecilia Vaduva: “Constantin Brâncuşi” University of Târgu Jiu

Annals - Economy Series, 2010, vol. 4.II, 160-167

Abstract: The target cost method was designed as a comprehensive set of tools for cost planning, cost management and cost control. This method is based on the idea that the selling price of a product is fixed at the market. Price does not therefore depend on cost. Target costing method is not only a method for calculating the costs, but also a method which uses modern management techniques on the study assessed the market value analysis, reducing the diversity of technology, manufacturing, partnership suppliers.

Keywords: target-cost; cost authorized; production cost. (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.utgjiu.ro/revista/ec/pdf/2010-04.II/17_AURELIAN_IONUT_CEAUSESCU.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2010:v:4.ii:p:160-167

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).