Urgent Help on Specific Question

An0nym0us

Hi everyone,

I'm new around here and could use some assistance with answering these questions.

Thank you!

Question 1 - (a)Identify whether each of the following would be acceptable methods of reducing a cost gap under target costing principles. (5 marks)

- Reducing the fixed costs of production (Acceptable/Not Acceptable)
- Improving Labour Productivity (Acceptable/Not Acceptable)
- Using a cheaper, lower quality material (Acceptable/Not Acceptable)
- Increasing the selling price of the product (Acceptable/Not Acceptable)
- Reducing the amount of packaging used (Acceptable/Not Acceptable)

anony123

Go ahead