When applying life-cycle costing in setting prices, what factors need to be taken into account?
A) Manufacturing costs, excluding marketing, research costs
B) Pre-manufacturing and post-manufacturing costs, including research costs
C) Manufacturing and post-manufacturing costs, including marketing
D) Pre-manufacturing, manufacturing and post-manufacturing costs

Question

Quizplus · Accepted Answer

Life-cycle costing considers all costs associated with a product's life cycle, including pre-manufacturing, manufacturing, and post-manufacturing costs.

When Applying Life-Cycle Costing in Setting Prices, What Factors Need