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The management accountant at WQX Enterprises has estimated the sales and lifetime cost of a new product being developed by the product development team as
The management accountant at WQX Enterprises has estimated the sales and lifetime cost of a new product being developed by the product development team as follows:
Sales will amount to 50 000 units per year over a period of 5 years
Design and development cost: R10 500 000
Manufacturing cost: R150 per unit
End of life cost: R 3000 000
Required:
Determine the lifecycle cost per unit of the product.
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