Difference Between Sunk Cost And Relevant Cost | Compare The... ~ Breaking News

Relevant costs refer to those that will differ between different alternatives. Irrelevant costs are those that will not cause any difference when choosing one alternative over another. Unavoidable costs are those that the company will incur regardless of the decision it makes.Opportunity cost. Enter another question to find a notecardOr "Which of the followings is true?" The actual meaning of your example is "Which of the following answers is true?"* with following an adjective. However, it is very common to leave out the noun and use just the adjective, as was done here.A cost that is not relevant is: A) direct materials. The material has a scrap value of $13,300 as is, but if reworked at a cost of $2,100, it could be sold for $14,000. What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as is as scrap?Explanation: Fixed cost will always be a relevant cost because a business must incur fixed cost during the course of the business. Fixed cost are cost that are not depended on sales or activity level of the organisation and they are incurred in as much as the business is operational.

Which Of The Following Will Always Be A Relevant Cost?

A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: Future. Cash Flow. Incremental.* Differential/ marginal/variable/incremental costs are always relevant * Cash costs and future costs are always relevant * Past costs or sunk costs are Depreciation is an invisible, non-cash cost and it is irrelevant when calculating the cash flow of the company which is the true indicator of whether the...Despite the costs of international research, the costs of not doing it are higher. Term. Choose the statement that is NOT a typical consumer concern She is trying to convince them to conduct some current marketing research. Which of the following would she be LEAST likely to emphasize as a...Home » CIMA » CIMAPRO17-BA2-X1-ENG » Which of the following is a relevant cost? A. A sunk cost B. A committed cost C. An incremental cost D. A historical cost.

Which of the following/followings is true? | WordReference Forums

Costs for the new machine are predicted as follows: Conversion costs = $4.00 per unit Inspection and adjustment The disposal value of the old machine is a relevant cash inflow. It is obtained only if the Opportunity costs are always relevant in making decisions among competing alternatives.According to IAS2 Inventories, which of the following costs should be included in valuing the inventories of a manufacturing company? (1) Carriage inwards (2) Carriage outwards (3) Depreciation of factory plant (4) General administrative overheads.We can demonstrate relevant costs with the following situation. A company is deciding whether or not to eliminate a product line. The salaries of the product line managers and other employees whose salaries will be eliminated are relevant to the decision.30. Which costs are always incremental and relevant in decision analysis? A. Avoidable costs and opportunity costs B. Common fixed costs and C.outsourcing. D.joint cost allocation. 35. All of the following are relevant in deciding whether to eliminate an unprofitable product line except A. Sales B...This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here! Which of the following is a relevant cost? a. replacement cost b. sunk cost c. historical cost d. fixed cost e. all of the above are relevant. © BrainMass Inc. brainmass.com March...

Macroeconomics is a department of economics that appears at the construction of the economy as a entire and how it purposes. This can be contrasted to microeconomics, which appears to be like at the financial system in smaller items, comparable to how markets and particular person corporations function. Types of questions that macroeconomics studies is what makes an economic system develop and why there may be there a lack of building in some nations and no longer in others. Macroeconomics analyzes subjects like economic expansion, unemployment, inflation, and the impact of executive economic insurance policies.

An necessary phase of macroeconomics is studying how the trade cycle purposes. The trade cycle is the motion in economic job and is measured through how actual GDP (gross domestic product) strikes, in addition to other macroeconomic variables. The trade cycle can be in a level of contraction, which is the lower in tempo of economic task; expansion, the increase in pace of process; or in a height of financial job.

The combination demand and mixture supply fashion is used to provide an explanation for macroeconomics because it presentations general price degree and degree of output. The mixture supply curve displays the courting between national worth stage and amount of items/products and services produced. The combination call for curve displays the amount of goods and services and products produced domestically which are keen to be bought through international consumers.

The study of macroeconomics is convergent to microeconomics and encompasses a selection of topics. It is an applied box and makes use of different financial models and indicators as a phase of its find out about.