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19. Which of the following best describes the relationship between target cost, market price, and...

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Accounting

19. Which of the following best describes the relationship between target cost, market price, and desired profit? A. Target cost is the difference between the market price of a product and a company's desired profit for that product. B. Target cost is the sum of the market price of a product and a company's desired profit for that product. C. Target cost is the product of the market price of a product and a company's desired profit for that product. D. Target cost is unrelated to the market price of a product and a company's desired profit for that product.

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