Target Costing And Standard Costing Combination And Management

As the market economy developing,business management has come to a technology - and - information age.Companies need to reinforce costing control and improve management level,which is considered as the main task and necessary selection, to reply the growing drastic competition.Target Costing and Standard Costing,which are scientific methods derived from Western,are widely applied in native companies after introduced.This article will discuss the advantages and disadvantages of both costing methods,and present the viewpoint of their combination by case study.It could provide some practical experience to improve the situation of costing management for native companies,reduce the cost expenditure,and step up the working efficiency.