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Variable costs are irrelevant whenever they do not differ among the alternatives at hand. do you agree?
Wiki User
∙ 9y ago
Any cost whether variable cost or fixed cost is irrelevant if not different between alternatives at hand.
Wiki User
∙ 9y ago
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Is A differential cost a variable cost?
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.
Are fixed costs always irrelevant?
No fixed costs are not always irrelevant. Some fixed costs may differ among the alternatives and hence will be relevant. e.g. When figuring the incremental cost of the more expensive car, the relevant costs would be the purchase price of the new car (net of the resale value of the old car) and the increases in the fixed costs of insurance and automobile tax and license.
How does the planning of fixed overhead costs differ from the planning of variable overhead costs?
it doens't
How do money accounts differ from regular savings accounts?
The means of determining interest rate. Money market account interest rates are variable and track the money market. Savings account interest rates are usually fixed.
How does the contribution margin income statement differ from the income statement used in financial reporting?
Income statement in financial reporting is different in this sense that in that income statement all expenses and incomes are shown as incomes and expenses and there is no classification of fixed expenses or variable expense while in contribution margin income statement expenses are shown in this way that separate the fixed expenses from variable portion of expenses.
Is variable cost a relevant cost?
No. If a variable cost does not differ between alternatives than it is irrelevant.
Is A differential cost a variable cost?
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.
Do Variable costs and differential costs mean the same thing?
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.
What is ex-post facto design?
Ex Post Facto (also called Causal Comparative Research) is useful whenever: • We have two groups which differ on an independent variable and we want to test hypotheses about differences on one or more dependent variables OR • We have two groups which already differ on a dependent variable and we want to test hypotheses about differences on one or more independent variables
What is ex-post-facto design?
Ex Post Facto (also called Causal Comparative Research) is useful whenever: • We have two groups which differ on an independent variable and we want to test hypotheses about differences on one or more dependent variables OR • We have two groups which already differ on a dependent variable and we want to test hypotheses about differences on one or more independent variables
What is a condition that can differ within an experiment?
variable
Are fixed costs always irrelevant?
No fixed costs are not always irrelevant. Some fixed costs may differ among the alternatives and hence will be relevant. e.g. When figuring the incremental cost of the more expensive car, the relevant costs would be the purchase price of the new car (net of the resale value of the old car) and the increases in the fixed costs of insurance and automobile tax and license.
How does concentration differ in a solution?
Concentration is very variable in solutions.
Future costs that do not differ between alternatives in a decsion are avoidable costs is this true or false?
TRUE
What is the only that that should differ between experimental treatment?
independent variable
What is the only thing that should differ experimental treatments?
independent variable
How do controlled parameters and variable parameters differ?
Controlled parameters stay constant throughout the experiment. Variable parameters are the ones you can change.
