Question: Match each term with its definition . Target costing Selling Price minus Cost = Cost plus Markup = Calculate labor rate + Calculate material loading

Match each term with its definition

.

Target costing Selling Price minus Cost

=

Cost plus Markup

=

Calculate labor rate

+

Calculate material loading charge Price is determined through agreement of division managers Variable cost Transfer price determined based on variable cost or variable costs plus fixed costs

.

Price to sell product to another division of the same company

.

Cost

-

based transfer proces

.

Transfer price

.

Transfer proce when sold internally

.

Time and material Pricing

.

Negotiated transfer prices

.

Markup

.

Target selling price

.

Market price minus desired profit

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