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life cycle costing

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October 12, 2017 at 11:03 am #410514
adarsh1997
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“It allocates costs to each stage of a product’s life cycle and writes them off at the end of each stage.”
1. “writes them off at the end of each stage.” Could you explain what does that mean in the this context.
2. Why this statement is not true about LCC?
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