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Companies using target costing ________. start with an ideal selling price and then target costs that will ensure that the price is met avoid determining an ideal selling price until analyzing test market results tailor their products to be in line with the marketing mix routinely neglect customer value considerations first design a new product and then determine its cost

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Companies using target costing start with an ideal selling price and then target costs that will ensure that the price is met.

Companies use this approach to make sure they are setting a projects price point at appropriately. They want to make sure it meets the standards the price point is set at by quality and functionality of the product being worth the money a customer will spend for it. They are able to design their profit margin and build the target costs and revenue around that.  
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Companies using target costing A. start with an ideal selling price and then target costs that will meet the selling price.

What is target costing?

Target costing is a management approach that uses a product's life-cycle costs to achieve desired product functionality, quality, and profitability.

Target costing involves the following stages:

  • Establishment of a market price
  • Determination of volume and profit level
  • Derivation of a target production cost
  • Planning for cost reduction to meet target cost.

Target costing enables management to engage in cost planning, cost management, and cost reduction practices.

Thus, in target costing, companies establish an ideal selling price through market research.

Learn more about target costing at https://brainly.com/question/17186975