Life-cycle costing is especially important in which of the following types of companies?
$\begin{array}{ll}
\underline{\text { Computers }} & \underline{\text {Furiniture} }& \underline{\text { Textbooks }} &\underline{\text { Automobiles } }
\end{array}$
A)yes yes yes yes
B)no yes yes no
C)yes no no yes
D)yes no yes yes

Question

Quizplus · Accepted Answer

Life-cycle costing is particularly important in industries where the products have a significant development phase and a relatively short market life, such as computers and automobiles. These industries incur substantial costs in research, development, and marketing before the product is sold and throughout its lifecycle. Furniture and textbooks, while having their own unique cost structures, do not typically undergo the same rapid technological obsolescence and intensive development cycles as computers and automobiles.

Life-Cycle Costing Is Especially Important in Which of the Following