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PM Chapter 3 Questions Life-cycle costing
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I am not sure as to why distribution cost is part of the life cycle cost
Great Lectures Sir.. Thank you
Just one clarification, does the life cycle cost also cover administration and finance cost, if any as well?
got one question why are distribution costs included in calculating lifecycle accounting
Hello John, I appreciate the good work u are doing.
Not too sure about LCC is just concerned about profit rather than the costing phase.?
I think the answer to question one is wrong! it says it ensures to generate profit over the entire lifecycle of a product which is wrong! as most products can’t generate profit in the development phase.
No (it is an actual past exam question). By a profit over the entire life it is meaning over the whole life in total, not at each stage throughout its life.
Good lecture, got a 100% on this 1. Thanks
Thanks, for the clear and precise lecture I got 100%.
Great 馃檪
I am able to get 100%, pretty good revision for lecture.
Sir, really appreciate your clear and informative presentation on each lecture.
Thank you for your comment.
Thank you for the questions . I got 100%
Too tricky but 66% is not bad. i was of the view that you keep on providing numerous test questions other than one. Thank you
No – we only have these short tests. It is essential that you buy a Revision Kit from one of the ACCA Approved Publishers because it is full of past exam and other exam standard questions for practice, and practice is vital to passing the exam.
Hello! Nice questions! But can you explain the first question? In life cycle costing, the profit doesnt occur until after design and development stage and introduction stage.
Or is the statement talking about the generality that the business comes to know for sure if it will generate profits by selling that product in the future?
Thank you! Just putting it on the record, your responses so far to all my questions in the forum have always helped me 馃檪
It takes account of all of the costs (including design and development). The idea is to ensure that the product makes an overall total profit over its entire life (even though in the early years it is likely to be loss-making).
Thank you sir. I think, I should more focus on correct steps on theory.
nice quiz?thank you very much and I able to score 100%?
interesting
nice set of questions
Nice questions but very tricky but I was able to score 100%
My question is that we don’t make profit for the entire life of product.there are some loss making stages like designing stage and somehow introducing stage of product .can you please explain me the first question of this test
What is means is that the aim is make a total overall profit (the total of all the years), which is true (even though some individual seats may be loss-making).
I can understand you finding the wording a bit confusing, but the wording is correct (and the same wording could be used in the exam).
Could you please explain the 1st question ..
We take into consideration all the cost but why is there exception to design and development cost .
I understood the point..
?
I am pleased that you understand 馃檪