Lifecycle Costing, MCQ, ACCA F5 Performance Management 

Selling price of One-off contracts are based on relevant costs. So items like fixed costs, sunk costs etc will be excluded. Items like direct material, direct labour will be included based on its relevant costs. I have already uploaded 3 videos on relevant costing - introduction, direct material and direct labour. If u go through those videos you will be able to do problems on one-off contracts. If u have additional doubts u may post in the comment section. Will clear it.

Great to know that the video has been useful

Thank you for this lovely feedback! I guess u r hinting at getting live or recorded sessions for other subjects. I have just started with PM. Definitely have plans to start other subjects...but it will take time....

@@JeninMulakkan what subjects do u teach?

@@gsueirnrbk3kene presently I am not taking any subjects as I am tied up with other engagements

Yes, life cycle cost = operating cost + expenses incurred before production had started (like site study, site development etc) + expenses at the end of useful life ( like dismantling costs etc)