Question: Place the five steps in implementing a target costing approach in the proper order: 1 - Determine desired profit 2- Use kaizen costing and

Place the five steps in implementing a target costing approach in the

Place the five steps in implementing a target costing approach in the proper order: 1 - Determine desired profit 2- Use kaizen costing and operational control to reduce costs 3- Determine the market price 4- Use value engineering to identify ways to reduce product costs 5-Calculate the target cost at market price less desired profit O 3,2,1,4,5. O 2,5,4,1,3. O 4,5,1,3,2. O 3,1,5,4,2. O 5,3,2,1,4. L Moving to another question will save this response.

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