Advertisements
Advertisements
प्रश्न
Explain the following:
Differential cost
उत्तर
Differential cost means the change in cost due to a change in the method of production. It is useful in choosing the best alternative. It helps management to know the savings in cost that can be achieved by using idle capacity or by changing the technology.
APPEARS IN
संबंधित प्रश्न
Abnormal costs are not recorded as part of production cost. Justify for or against.
Give one difference between money cost and real cost.
Give one difference between normal cost and abnormal cost.
Give one difference between product cost and period cost.
"The cost of sugarcane is an avoidable cost." Justify for or against.
Differentiate between expired and unexpired costs.
Explain the following with an example:
Marginal cost.
Explain the following with an example:
opportunity cost.
Distinguish between private costs and social costs.
Explain the following:
Replacement cost
