Concept – Cost Classifications
Managerial Accounting
Garrison, Noreen, and Brewer
17th Edition
Where are Differential costs, Opportunity costs and Sunk costs utilized?
Where are Differential costs, Opportunity costs and Sunk costs utilized?
When cost data is desired, an item is referred to as _____?
Cost objects would include
Cost objects include which items.
Within a relevant range, what costs remain constant in total.
What kind of costs remains constant if it is within a relevant range?
What do you call the costs shared by multiple cost objects in an organization?
Costs that can be traced to a specific product are called
Which type of cost changes in total, and changes in direct proportion to changes in activity level within the relevant range?
What is the difference in costs of two alternatives?