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Product life cycle costing
It is an approach used to give a long term picture of product line profitability feedback on the effectiveness of life cycle planning and cost data to make clear the economic impact of alternatives chosen in the design engineering phase etc. it is also considered as a way to enhance the control of manufacturing costs. The thrust of product life cycle costing is on the distribution of costs among it is important to track and measure costing is on the distribution of costs among categories changes over the life of the product as dose the potential profitability of a product. Hence it is significant to track and measure costs during each stage of a product's life cycle.
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differentiate between multiple product , selling cots and margin management
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A company manufactures a one product. Estimated cost data regarding this product and other information for the product and the company are as follows: Sales price per unit Rs.2000
Critique of Performance Measurement This section brings together material from preceding data in this lesson in order to provide a critical appraisal of performance measurement
underlying assumptions of breakeven analysis and the limitations of this.
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