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Discretionary Cost:
Cost such as that of advertisement, research and development that a manager may eliminate without disrupting the firm's operations or affecting its productivity capacity in the short run
Engineered Cost:
This is the cost which have direct relation with cause or activity like direct material, direct labor etc.
What else can I help you with?
What are 2 non-discretionary expenses?
transportation costs entertainment
The positive difference between revenue and costs?
Profitability
What is the difference between actual costs and budgeted costs?
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
A pen costs 82p and a ruler costs 29p. Find the difference in price?
To find the difference in price between the pen and the ruler, subtract the cost of the ruler from the cost of the pen. The pen costs 82p and the ruler costs 29p, so the difference is 82p - 29p = 53p. Therefore, the difference in price is 53p.
How much discretionary income does Paula have each month?
To determine Paula's discretionary income each month, we need to subtract her essential expenses (like housing, utilities, food, and transportation) from her total monthly income. Discretionary income is what remains after covering these necessary costs. If you provide Paula's monthly income and her essential expenses, I can help you calculate her discretionary income.
What are non discretionary expenses?
transportation costs entertainment
In accounting profit is the difference between what?
difference between revenue and costs
What are 2 non-discretionary expenses?
transportation costs entertainment
What are the advantages of discretionary costs?
Discretionary cost is an expenditure that eliminated if needed based on judgement. This type of expenditure would have little or no effect on profit which is an advantage to the company.
The positive difference between revenue and costs?
Profitability
Is it true of false that profit is the difference between earned income and costs?
True. Profit is defined as the difference between earned income (revenue) and costs (expenses). If income exceeds costs, a profit is generated; if costs exceed income, a loss occurs.
What is the difference between start up costs and variable costs?
shut up u neek
What is the difference between operating costs and revenue expenditure?
They are synonyms.
What is the difference between fancy and regular ketchup?
There is really no difference .Except that the other on costs more
What is the difference between actual costs and budgeted costs?
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
Are Fixed costs are the difference between total costs and average variable costs?
No. But: ATC = AVC + AFC Or TC = VC + FC
A pen costs 82p and a ruler costs 29p. Find the difference in price?
To find the difference in price between the pen and the ruler, subtract the cost of the ruler from the cost of the pen. The pen costs 82p and the ruler costs 29p, so the difference is 82p - 29p = 53p. Therefore, the difference in price is 53p.
