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What is the difference between avoidable cost and unavoidable cost?
Wiki User
∙ 14y ago
When considering outsourcing a portion of services provided, avoidable costs are those that would go away if the service was outsourced. Unavoidable costs are those that would remain such as overhead.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoyou can avoid one but not the other
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What is the difference between escapable and unavoidable cost?
Avoidable or escapable costs are those costs which can be avoided by stop doing or start doing any particular activity and unavoidable costs are those costs which cannot be avoidable whether activity is done or not.For Example all variable costs are avoidable costs and fixed costs are unavoidable costs but this is general criteria to explain but not always all fixed costs are unavoidable.
What is the difference between price and average cost?
marginal cost
What is the difference between marginal cost and standard cost?
The main difference between standard cost and marginal cost is that in standard cost a target is set and in marginal cost there is no target set. Marginal cost is the change of the total cost due to the quantity produced.
What is the difference between Cost of revenue and revenue?
m mnmk
What is the difference between opportunity benefits and opportunity cost?
yeahhh
What is the difference between escapable and unavoidable cost?
Avoidable or escapable costs are those costs which can be avoided by stop doing or start doing any particular activity and unavoidable costs are those costs which cannot be avoidable whether activity is done or not.For Example all variable costs are avoidable costs and fixed costs are unavoidable costs but this is general criteria to explain but not always all fixed costs are unavoidable.
What is the meaning of avoidable cost and unavoidable cost?
I think that avoidable cost is the cost that can be avoided if certan decision is taken or not taken. It is more or less cost which is varied according to the decision taken by management. That is all variable cost can be said to be avoidable On the other hand unavoidable cost is that cost which cannot be avoidable at least for the short term. This means that unavoidable cost can be said to be more or less a fixed cost in the short term which cannot be changed.
Difference between avoidable cost and unavidable cost?
Avoidable Cost = These are those costs which can be avoidable by doing or not doing any particular activity For Example :Direct CostsUnavoidable Costs = These are those costs which are not avoidable whether do or donot initiate any activity For example: Fixed CostBut sometimes fixed costs are also avoidable or unavoidable by doing or not doing any activity in these cases fixed costs are also avoidable costs.
Are you agree avoidable cost is relevant cost?
yes
Is avoidable cost a relevant cost?
yes , indeed .
What is avoidable and non avoidable loss in cost of production report?
i think cash is current asset
Avoidable and unavoidable idle time?
These terms are normally used in Cost Accounting. Idle time means the time for which labor is paid but no production is made.Avoidable idle time means the idle time which could be avoided by the management. For example due to shortage of raw material, due to insufficient job schedules.Unavoidable idle time means the idle time which could not be avoided by the management. For example due to sudden breakdown of machine, due to strike by suppliers causing shortage of raw material.Treatment:The cost of avoidable idle time becomes the part of indirect cost and the cost of avoidable idle time becomes the part of direct cost.
Why is the sunk cost is unavoidable cost?
Sunk cost is that cost which is incurred in past and it is unavoidable because any past decision or action cannot be reversed.
How would you define unavoidable costs?
Unavoidable cost ; inescapable cost ; sunk cost. Unavoidable costs will occur whether the decision is made to go ahead or not, because the firm has already spent, or committed to spend, the cash.
What difference between cost and costing?
difference between cost and costing
A cost is considered relevant if it is avoidable and future and cash?
A cost is considered relevant if:
What is the difference between cost and list price?
whats the difference between cost and list?
