Economics · Accounting
Which costing technique allocates costs to products across all stages including design, production, distribution, maintenance, marketing, and disposal, in order to maximize return and minimize costs?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Traditional absorption costing
- 2Activity based costing
- 3Target costing
- 4Life cycle costing✓
Correct answer
Life cycle costing
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