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Do Variable costs and differential costs mean the same thing?
Hoanglan182
No they are not the same things. Differential costs are ones that differ between different alternatives. Differential costs are used interchangeably with the terms avoidable, incremental, and relevant costs. However, variable costs are simply ones that vary with different activity levels. They do not necessarily differ between alternatives.
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∙ 12y ago
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What does degree mean in math terms?
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What does the variable mean in algebra?
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the variable, is what varies(the thing your testing against the other thing) or what is always changing hope that helps signed amna osman
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Is direct labor a variable or fixed costs?
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What does this mean To feel or show differential regard for?
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