GE-International Journal of Management Research APPLICATION OF GENERAL AND SPECIFIC PROCESSES OF TARGET COSTING Manmeet Kaur Assistant Professor in Commerce

2014 unpublished
________________________________________________________________________ Most of the previous studies on target costing method provide insight into the adoption level and perceived benefits of target costing. In this paper, concept of target costing and its application processes for different products have been explained. This paper explains that target costing method can be easily implemented for simple as well as for complex type products of any manufacturing firm. Further, this paper
more » ... this paper presents the general process of target costing and three levels of target costing as its specific process of application and the paper reports that the general process is suitable for simple products while the specific process or three levels of target costing is suitable for complex type products.