A Cost Incurred in Past Not Relevant to Current Decision is…
Managerial Accounting
Garrison, Noreen, and Brewer
17th Edition
Asks about a cost from the past that is not relevant to a decision.
Asks about a cost from the past that is not relevant to a decision.
Asks which can not be a differential cost
Asks about two columns IN TOTAL and PER UNIT and how mixed costs behave.
Asks for term that refers to costs incurred in the past, not relevant
Asks for example of committed fixed cost
Asks what factory overhead considered.
All are differential costs except:
Asks what factory overhead is (variable, fixed, mixed)
Asks what raw materials are classified as (variable, fixed, mixed, etc)
Within a relevant range, variable costs would be usually expected to: