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Which of the following costing systems would work best for a firm that spent a considerable percentage of its overall costs on R&D?

a. process costing

b. ABC

c. Job order costing

d. life-cycle costing

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Question added by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)
Date Posted: 2015/02/19
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (d)  >>>>>>>>>>>>>>>   life-cycle costing

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Option d>>> Agree with Mr. Venkitaraman

 

خالد عبد الناصرمحمود
by خالد عبد الناصرمحمود , Cost Accounting Manager , مجموعة السهل القابضة

absolutly life cycle costing since it involve the intire process 

ismaila adedeji
by ismaila adedeji , Fleet Manager , Sudit Oil and Chemicals

 the costing system that could work best is the life-cycle costing

Ezzidin Ibrahim
by Ezzidin Ibrahim , Financial Controller , Karim Food Industries

d. life-cycle costing, Cost will be absorbed in all stages including the R&D costs.

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