The sound is perfectly OK. Either click on the ‘speaker’ button at the bottom left of the video window and adjust the volume, or check the volume setting on your computer.
Thanks for the presentation. The target cost is the focus of management attention but at the same time not compromising the quality of the product. If the cost gap cannot be close is it necessary for the business to adjust its selling price or required profit?
Certainly the company will consider reducing the profit required. As far as the selling price is concerned, that is a little more tricky in that the selling price will have been determined as being the price that they think they will be able sell at – increasing it could mean that they won’t be able to sell the product. However, they will certainly look again at the selling price. The other option of course is to decide not to bother producing the product (they will presumably already have other products that are profitable for them 馃檪 ).
Of course the other way of doing realistic selling price of $50 want profit of 25% of cost is
50 / 1.25
Thank you very much for the lectures
You are welcome 馃檪
I have problems with watching lectures.
Hi,
I set for F5 and F7 for 3 times and failed. could any one help me to pass them.
Please ask this sort of thing in the relevant forums, and not as a comment on a Paper F5 lecture on target costing.
thank you tutor for the lecture
and thank you for the comment 馃檪
lecture sound is very low. difficult to listen
The sound is perfectly OK. Either click on the ‘speaker’ button at the bottom left of the video window and adjust the volume, or check the volume setting on your computer.
thank you
You are welcome 馃檪
Thanks for the presentation. The target cost is the focus of management attention but at the same time not compromising the quality of the product. If the cost gap cannot be close is it necessary for the business to adjust its selling price or required profit?
Certainly the company will consider reducing the profit required. As far as the selling price is concerned, that is a little more tricky in that the selling price will have been determined as being the price that they think they will be able sell at – increasing it could mean that they won’t be able to sell the product. However, they will certainly look again at the selling price.
The other option of course is to decide not to bother producing the product (they will presumably already have other products that are profitable for them 馃檪 ).
Okay John well noted. Thanks
You are welcome 馃檪
Hi Teacher! May i know what is the definition of ‘p.c’ ?
Per cent (%)
I believe you may be referring to the end of the tutorial video, where I think the tutor meant to put p.a. for per annum.
Thanks Thomas 馃檪