• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

New! BPP Books for ACCA September 2022 Exams are now available, get your discount code >>

Lifecycle costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Lifecycle costing

  • This topic has 1 reply, 2 voices, and was last updated 7 months ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 19, 2021 at 12:23 pm #641062
    Syed Ahsan Ali
    • Topics: 107
    • Replies: 66
    • ☆☆

    Sir, I read the lifecycle technical article which says that:

    All costs should be taken into account when working out the cost of a unit and its profitability.

    Since all costs are considered in lifecycle costing so that includes sunk cost, opportunity cost and depreciation and other costs that are directly attributable to the new product lifecycle.

    I don’t have a past question where all these costs are considered that is why I asked you! 🙂

    November 19, 2021 at 3:14 pm #641082
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49600
    • ☆☆☆☆☆

    As far as depreciation is concerned, we either include the initial cost of any equipment etc., or we include depreciation. We don’t include both because that would be accounting for the same amount twice!

    Opportunity costs are only for relevant costing, not for life-cycle costing.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate

If you have benefited from OpenTuition please donate.

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • Joanne94 on The Management Accountant’s Profit Statement – Marginal Costing – ACCA Management Accounting (MA)
  • John Moffat on The Management Accountant’s Profit Statement – Marginal Costing – ACCA Management Accounting (MA)
  • AbrahamChinYuan on UNCISG – ACCA LW Global
  • jingdong on Pensions (IAS 19) – Introduction – ACCA (SBR) lectures
  • jingdong on Pensions (IAS 19) – Example – ACCA (SBR) lectures

Copyright © 2022 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy