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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › target costing and lifecycle costing
Hi John, i have seen this question and i am having trouble can you pls explain, how can they be both used?
Which of the following statements about the use of target costing is/are correct?
(1) It relies on just-in-time processes in order to work
(2) It can be used alongside life cycle costing and planning
answer: 2 only.
I actually work through an example in my free lectures that uses both target costing and lifecycle costing alongside each other.
The lectures are a complete free course for Paper PM and cover everything needed to be able to pass the exam well.
amazing sir, just watched your lecture on it & i understand completely now. thanks alot
You are welcome 🙂