target costing

English - Turkish

Definition of target costing in English Turkish dictionary

(Ekonomi) Hedef maliyetleme

hedef maliyet

Related Terms

target cost

(Ticaret) standart maliyet

target cost

(Ticaret) hedef maliyet

English - English

Definition of target costing in English English dictionary

(Ekonomi) Target Costing is defined as "a cost management tool for reducing the overall cost of a product over its entire life-cycle with the help of production, engineering, research and design." A target cost is the maximum amount of cost that can be incurred on a product and with it the firm can still earn the required profit margin from that product. It is that estimated cost which enables a firm to remain and compete in the market in the very long-run

Hyphenation

tar·get cost·ing

Turkish pronunciation

tärgıt kôstîng

Pronunciation

/ˈtärgət ˈkôstəɴɢ/ /ˈtɑːrɡət ˈkɔːstɪŋ/