Discussion on the setting of prices. Topics covered include price-taker versus price-setter characteristics and cost-plus pricing versus target costing. An examples is used to demonstrate target costing.
Other videos in this series:
Part 1 - Relevant and Irrelevant Costs and Incremental Analysis
Part 2 - Special Orders
Part 4 - Dropping Products and Product Mix
Part 5 - Outsourcing and Process Further Decisions
http://web.me.com/BrianRouth/Accounting
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