Topic: Relevant Cost
Not finding your answer? Try searching the web for Relevant Cost
Answers to Common Questions
How to Calculate Relevant Cost
Relevant costs change as a result of a decision. Not all future costs are relevant. If a cost is going to occur regardless of the decision being examined, it is not a relevant cost. Decisions always involve at least two alternatives, and ex... Read More »
Source: http://www.ehow.com/how_6737436_calculate-relevant-cost.html?ref=...
What is relevant cost?
Answer A managerial accounting term that is used to describe costs that are specific to management's decisions. The concept of relevant costs eliminates unnecessary data that could complicate the decision-making process. Miss Nasson, India Read More »
Source: http://wiki.answers.com/Q/What_is_relevant_cost
What are the advantages of relevant cost?
1.Relevant cost helps provide a consistent basis for the comparison of alternative proposal. 2.Relevant cost deal with the quantitative aspects of decisions. Read More »
Source: http://wiki.answers.com/Q/What_are_the_advantages_of_relevant_cos...
Featured Content:
Relevant Cost
More Common Questions
Answers to Other Common Questions
Answer Relevant costing is used in management accounting when deciding between two options in the future. All sunk costs are ignored as they are common to both options. All non-cash items such as depreciation are ignored as they are not par...
Read More »
Source: http://wiki.answers.com/Q/What_is_relevant_costing_and_how_is_it_...
Classying costs sets a basis for financial analysis of a program and for requesting reimbursement from subrecipients for the full costs of providing services.
Read More »
Source: http://wiki.answers.com/Q/What_is_the_relevance_of_classifying_co...
the relevant is:hindi ko alam wla nman dito eh...
Read More »
Source: http://wiki.answers.com/Q/What_is_relevant_cost_range
what is the answer of this Question?
Read More »
Source: http://wiki.answers.com/Q/What_are_the_two_types_of_relevant_cost
Depreciation is a sunk cost Depreciation is a sunk cost, so you should ignore it in relevatnt costing. you shoud be asking yourself the following question: can I avoid depreciations once I have bought the asset? You should always ignore dep...
Read More »
Source: http://wiki.answers.com/Q/How_do_you_treat_depreciation_in_releva...
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision makin...
Read More »
Source: http://wiki.answers.com/Q/When_fixed_cost_treated_as_relevant_cos...
