What is life-cycle costing? Why is it used?
Question:
What is life-cycle costing? Why is it used?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Life cycle costing LCC It is an important economic analysis that is used in the selection of alterna...View the full answer
Answered By
Muhammad Imtiaz Rasool
Teaching profession brings with it lots of duties and challenges.
When I completed my Bachelor's Degree. So I entered this profession.
I am in this profession of teaching in a School for about 2 years. Every time whenever I am going to teach a class as a part of this noble profession .I am learning also. I am trying consistently ....how to represent, interpret, summarize and rethink about the whole concept I wish to teach or rather inspire my students in a specific period of time assigned to me.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is life cycle assessment, and what is its overall goal?
-
What is life cycle budgeting?
-
What is life-cycle costing and why should it be used in the target costing process?
-
How many of the following could be valid JDBC URL formats for an imaginary driver named magic and a database named box? A. Only first B. Only second C. Only third D. first and second E. first and...
-
Air enters a compressor at ambient conditions, 100 kPa, 300 K, and exits at 800 kPa. If the isentropic compressor efficiency is 85%, what is the second-law efficiency of the compressor process?
-
What are the similarities and differences among the four basic lines of life insurance products?
-
What is this project's NPV? a. $242.86 b. $278.53 c. $295.42 d. $307.98 Assume that the appropriate cost of capital for this project is 12 percent. Time Cash Flow 0 -$750 1 $400 2 $300 3 $200 4 $400
-
Classic Automobiles of Cedar Grove, Inc., was formed on January 1, 2012. The following transactions occurred during 2012: On January 1, 2012, Classic issued its common stock for $430,000. Early in...
-
Which ordered pair is the best estimate for the system of equations? y=4x-19.4 y=0.2x-4.2
-
You work for ConstCo, a medium-sized engineering and construction company with annual profits of about $100 million. You recently entered as a contractor into a bidding process for a large...
-
What is the main difference between activity-based costing and the theory of constraints? When is it appropriate to use each one?
-
Gunnell Inc. is considering two mutually exclusive 10-year investments. The initial cash outlays and expected net after-tax cash flows are shown below. Required 1. Using Excel, calculate the NPV and...
-
Suppose during the first half of the year, government bonds yielded a local currency return of 1.6%. However, the Swiss franc rose by 8% against the dollar over this six month period. Corresponding...
-
How do evolutionary processes, such as adaptive radiation and coevolutionary dynamics, contribute to the diversification and specialization of species within ecologically complex environments?
-
To reduce their firm's carbon footprint, the ACME company implements a policy where each employee who passes an online environmental literacy test receives a 1% salary increase. Why might this policy...
-
What steps are frequently followed in managerial decision-making? What is the effect of variable and fixed costs on incremental analysis? What information is important when determining whether or not...
-
At the time of his death in 2 0 2 2 , Donald owned a farm ( a qualified, closely held business ) with a most suitable use value of $ 7 , 3 0 0 , 0 0 0 and a current use value of $ 5 , 1 1 0 , 0 0 0 ....
-
Morganton Company makes one product, and has provided the following information to help prepare the master budget for its first four months of operations: The budgeted selling price per unit is $ 7 0...
-
Ember Company purchased a building with a market value of $280,000 and land with a market value of $55,000 on January 1, 2018. Ember Company paid $15,000 cash and signed a 25-year, 12% mortgage...
-
The Adjusted Trial Balance columns of a 10-column work sheet for Webber Co. follow. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by...
-
Shown below are selected transactions of the architectural firm of Baxter, Claxter, and Stone, Inc. April 5 Prepared building plans for Spangler Construction Company. Sent Spangler an invoice for...
-
Listed below are eight transactions the Foster Corporation made during November: Issued stock in exchange for cash. Purchased land. Made partial payment with cash and issued a note payable for the...
-
Listed below are eight transactions the Foster Corporation made during November: Issued stock in exchange for cash. Purchased land. Made partial payment with cash and issued a note payable for the...
-
At the beginning of the period, the Cutting Department budgeted direct labor of $63,920 and supervisor salaries of $47,190 for 3,760 hours of production. The department actually completed 4,100 hours...
-
Which of the following items is a subtraction on Schedule M-1 A. Book depreciation in excess of tax depreciation. B. Life insurance premium paid for key employees. C. Business entertainment expenses....
-
All jurisdictions have legislation protecting seniority and benefits for qualified employees who are members of the Canadian Forces Reserves and who are deployed for active service. Compare the...
Study smarter with the SolutionInn App