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Life cycle mcq

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Life cycle mcq

  • This topic has 0 replies, 1 voice, and was last updated 1 year ago by John1998m.
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  • December 21, 2021 at 6:36 pm #644669
    John1998m
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    • Topics: 62
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    I know that all costs are accounted for in the lifecycle costing over the life of the product but it says that sunk costs are also included (which I thought does not).

    There is an MCQ question in kaplan kit (Q26) which states that:

    > Lifecycle costing takes into account all costs incurred in a product lifecycle with exception of sunk costs incurred on research and development

    However, this statement is not correct.

    There is no explanation given for this in the answers!

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