Pierre LeBlanc, manager of Centaur Corporation, is thinking about implementing a target costing system in his organization. Several managers have taken him aside and have expressed concerns about implementing target costing in their organization.
Required
As an expert in target costing, you have been called in to discuss these concerns and offer advice on overcoming them. Write a memorandum discussing common concerns that managers have about target costing. In the memo, state how you would remedy these concerns.