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Life-cycle costing?

A. Emphasizes cost savings opportunities during the manufacturing cycle.

B. Is sometimes used as a basis for cost planning and product pricing.

C. Includes only manufacturing costs incurred over the life of the product.

D. Includes only manufacturing cost, selling expense, and distribution expense.

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Question added by Hossam Mohamed , Senior Accountant , Allied Arab Assurance Brokerage
Date Posted: 2015/08/17
Mohamed Saleem Khan Ijas Ahamed
by Mohamed Saleem Khan Ijas Ahamed , Accountant , Al marai Co

B is correct

 

LC. Is a concept which considers all cost of the product over its completed life cycle.

 

 

Number (B) is the best answer

Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

I go with a) Emphasizes cost savings opportunities during the manufacturing cycle.

"B" Is sometimes used as a basis for cost planning and product pricing.

rafiq zamzam CFM
by rafiq zamzam CFM , Financial manager , The Green Mast Trading co

the best answer is some times used for cost planning and product pricing

Badar Khan
by Badar Khan , Accounts cum administrative assistant , Al Qassimia Drivng Training Centre.Sharjah

...............................................the correct answer is (B)

Riad Uddin  Ahmed
by Riad Uddin Ahmed , Manager Operation , Wardan Tech

the best answer is B, and here is the reason

Targert costing can be use for product pricing as well as risk management. 

Martin Gikombo
by Martin Gikombo , Cost controller cum company analyst , Gal Baking Services

A. Time is a major opportunity to check in comparison to labor hours basing it on output.

B. while cost planning and pricing you need to base on marginal cost and the expected marginal revenue.

c. Fixed and variable costs

d. overheads.

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