Question: Suppose that Ford used target costing to decide whether to produce a new vehicle, such as the Fiesta. REQUIRED A. Describe the steps Fords design

Suppose that Ford used target costing to decide whether to produce a new vehicle, such as the Fiesta.

REQUIRED
A. Describe the steps Ford’s design team would have taken.
B. Explain why managers cannot easily predict demand for a new product such as the Ford Fiesta.

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