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target costing and lifecycle costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › target costing and lifecycle costing

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • August 15, 2022 at 11:30 pm #663160
    AvatarAnonymous
    Inactive
    • Topics: 3
    • Replies: 4
    • ☆

    Hi John, i have seen this question and i am having trouble can you pls explain, how can they be both used?

    Which of the following statements about the use of target costing is/are correct?
    (1) It relies on just-in-time processes in order to work
    (2) It can be used alongside life cycle costing and planning

    answer: 2 only.

    August 16, 2022 at 7:39 am #663176
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    I actually work through an example in my free lectures that uses both target costing and lifecycle costing alongside each other.

    The lectures are a complete free course for Paper PM and cover everything needed to be able to pass the exam well.

    August 16, 2022 at 6:17 pm #663208
    AvatarAnonymous
    Inactive
    • Topics: 3
    • Replies: 4
    • ☆

    amazing sir, just watched your lecture on it & i understand completely now. thanks alot

    August 17, 2022 at 8:25 am #663243
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    You are welcome 🙂

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