________ costing tracks and accumulates business function costs of the value chain attributable to each product from initial R&D to final customer service and support.
A)Product
B)Life-cycle
C)Target
D)Process

Question

Quizplus · Accepted Answer

Life-cycle costing follows the costs associated with a product throughout its entire life cycle, including research and development, production, marketing, and post-sales support. This methodology allows companies to identify areas where they can reduce costs and improve efficiency, ultimately leading to higher profitability.

________ Costing Tracks and Accumulates Business Function Costs of the Value