Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 13 - Pricing Decisions and Cost Management - Assignment Material - Questions - Page 540: 13-7

Answer

Value engineering involves a thorough review of the entire value chain to cut costs while meeting customer demands. It's a key method for reaching the target cost per unit.

Work Step by Step

Value engineering involves a thorough review of the entire value chain to cut costs while meeting customer demands. It's a key method for reaching the target cost per unit.
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