An amount that has been allocated to an income or expense, which can be adjusted to meet the actual price of what was charged by the company.
Related information about relevant cost:
- Relevant cost - Wikipedia, the free encyclopedia
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. It is often important for businesses to ...
- Relevant Cost Definition | Investopedia
A managerial accounting term that is used to describe costs that are specific to management's decisions. The concept of relevant costs eliminates unnecessary ...
- CHAPTER 3: RELEVANT COST ANALYSIS
CHAPTER 3: RELEVANT COST ANALYSIS. The beginning of wisdom in using accounting for decision-making is a clear understanding that the relevant costs ...
- What is a relevant cost? - Questions & Answers - AccountingTools
Sep 8, 2010 ... A relevant cost is a cost that only relates to a specific management decision, and which will change in the future as the result of that decision.
- CHAPTER 9: DECISION MAKING WITH RELEVANT COSTS AND A ...
Decisions where relevant cost analysis might be used effectively include: 1. ... Relevant cost analysis is applied in the same way for manufacturing and for ...
- Relevant Cost | Reference.com Answers
Relevant cost is an accounting term often used in the business world when involving the purchasing choices done by management. Relevant costs are ...
- Relevant Cost: Definition from Answers.com
Expected future costs that differ from the alternatives being considered. sunk costs are not relevant to the decision at hand, because they are historical.
- What is relevant cost? definition and meaning
Definition of relevant cost: Cost or expense attributable or chargeable to one or more activities on the basis of benefits received or some other logical ...