Lifecycle costing technique Question options: Customers and suppliers share detailed cost information about their inhouse...
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Lifecycle costing technique Question options: Customers and suppliers share detailed cost information about their inhouse activities, pertinent to the supply of goods and services which links them. Currently very limited, largely between immediate supplier and customer with information shared limited to the costs pertaining to a joint project. Attempts to capture the economic profit generated by a company by subtracting a charge for capital from net operating profit, EVA = NOPAT - (Capital employed Cost of Capital) Provides an understanding of how decisions made early in the design of a product affect subsequent costs occurring later during the product life cycle. All of the above are correct
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