Monday 11 July 2011

Task 3

TASK 3: IMPLEMENTING TARGET COSTING

Khairil, the manager of Modern Services, 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.

As an expert in target costing, you have been called in to discuss these concerns and

offer advice as to how to overcome them.

Write a memorandum that:

i. Explains the target costing implementation process

ii. Discusses the potential implementation problems faced by managers

iii. State how you would overcome the problems.

[TOTAL: 30 MARKS/100

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