Logic teach Inc. ,a software manufacturing firm,specializes in inventory management and billing software for supermarkets and hotels.The product has a price of $500,acquisition cost of $100,installation cost of $300,and usage and maintenance cost of $300.What is the life-cycle cost of Logic Tech's inventory management software?
A)$1,200
B)$300
C)$600
D)$1,000
E)$500

Question

Quizplus · Accepted Answer

The life-cycle cost includes the acquisition cost ($100), installation cost ($300), usage and maintenance cost ($300), and the price of the product ($500), totaling $1,200.

Logic Teach Inc