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lifecycle costing

This topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.

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August 15, 2022 at 11:33 pm #663161
Anonymous
Inactive
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Hi everyone, can anyone tell me if there’s question which says, that is ”lifecycle costing used for planning”? i always mark true because i have read somewhere that ‘lifecycle costing’ can be used for forward planning. but it is always false.
can anyone confirm about this please.
August 16, 2022 at 7:41 am #663177
John Moffat
Keymaster
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Lifecycle costing is used to either decide whether or not a new product is worth producing, or to help determine a selling price for a new product.
I do explain this in my free lectures.
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