11 Select the correct sentence describing life cycle costing (LCC) Life cycle costing tracks and accumulates only cost connected with every product during the whole life cycle of the product Life cycle costing trakes into account all costs incurred in a product life cycle with exception of sunk costs incurred on research and development 0 Life cycle costing is most useful for products with an even weighting of costs over their life. Life cycle costing tracks and accumulates cost and revenues connected with product during the whole life cycle of it