Should Total Cost of Ownership Analysis be used on recurring material costs?

Question

Should Total Cost of Ownership Analysis be used on recurring material costs?

Answer 1

It depends on how you do your bookkeeping.

!f you are using the material to make a commercial product and sell it at a profit you have to keep track of all your costs to produce that product by some method so you know what you have to charge for it.
Any method that will give you the true cost of your product will work, but I don't think that you have to use the Analysis mentioned.

Answer 2

the first thought that came to my mind upon reading this post was 1. WHY is college tuition fee is America ridiculously expensive? WHY do colleges need so much money? A college is NOT a company like Apple or Microsoft. My sister will graduate from her 4 years of university soon and the total coast of tuition pee paid during those 4 years....is OMG too much. the amount is almost as much as the U.S. national debt. 2. do colleges REALLY need a lot of money? 3. America is currently facing an economic crisis; it is predicted to be one of the worst ever in U.S. history. So unemployment is a rising issue, the economy is getting spoiled and there are more innocent citizens suffering beneath the poverty line. And i am NOT against the government but the federal government doesn't seem to be sorting it out well. I don't know that much about the ecnonomy, so I learned from my sister (she's a business / economics major) and i can tell that the nation, the economy and so on are all facing a crisis. Soo....i don't know but unless the government promises to like help the poor pay for college or something I strongly suggest that colleges DO NOT raise tuition fees. Otherwise...America will face an even worse educational crisis. Does the stuff I typed make sense? hope it does. And......the good news is that the expensive tuition fee paid to a great college was actually worth it since my sister got a great job 2 weeks before graduation.