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Apply life cycle costing principles to evaluate the total cost of ownership for Apple Inc.'s consumer electronics products (e.g., iPhone, iPad, MacBook). Consider not only

Apply life cycle costing principles to evaluate the total cost of ownership for Apple Inc.'s consumer electronics products (e.g., iPhone, iPad, MacBook). Consider not only initial purchase price but also costs associated with maintenance, upgrades, and disposal over the product's life cycle. Assume total life cycle cost of $1,500 per unit.

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