Question: please answer with reason Question 1: True / False Questions (8 marks) (Al)5. Life cycle costing encourages management to find a suitable balance between investment

please answer with reason

Question 1: True / False Questions (8 marks) (Al)5. Life cycle costing encourages management to find a suitable balance between investment costs and operating expenses 6. Target costing may be applied to services that are provided free of charge to customers, such as costs of call centre handling 7. A product is usually most profitable during the growth phase of its life cycle 8. Life cycle costing is useful for deciding the selling price for a product

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