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lifecycle

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › lifecycle

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  • January 28, 2017 at 2:05 pm #370056
    firelion28
    Member
    • Topics: 159
    • Replies: 83
    • ☆☆☆

    hi john

    why is opportunity cost not taken in lifecycle costing? what is the logic behind it?

    thanks

    January 28, 2017 at 2:30 pm #370057
    firelion28
    Member
    • Topics: 159
    • Replies: 83
    • ☆☆☆

    also, in the shortrun, how are all the costs fixed?

    January 29, 2017 at 8:12 am #370094
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54513
    • ☆☆☆☆☆

    Because we are specifically only looking at the direct costs involved.

    Costs being fixed in the short-run is nothing to do with lifecycle costing, it is throughput accounting and `I explain the logic behind it in the free lecture.

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