Answer
--The statement is TRUE.
--Say if there are two alternatives and there's a future costs of same amount that has to be incurred under both these alternatives, it becomes irrelevant because considering the same would make no such difference.
True or False: Future costs that do not differ between the alternatives are never relevant in...
Relevant costs in decision-making: are future costs that represent differences between decision alternatives. result from past decislons. O should not influence the decislon. O none of the above.
(4pts) 19) Differential analysis is an approach to the analysis of relevant costs that focuses on the costs that differ under alternative actions. True O False (4pts) 20) Which of the following statements about sunk costs is true? Sunk costs are the result of past decisions. Sunk costs are never relevant to decisions. Sunk costs do not vary between decision alternatives. All of the above. 21) The point in the production process where joint products become separately identifiable is (4pts)...
QUESTION 7 Future costs that differ across alternatives are O opportunity costs. O sunk costs. O relevant costs. O variable costs. O product costs. Click Save and Submit to save and submit. Click Save All Answers t
are the statnents below true or false? 1.) cost or revenues that differ between alterbatives are called differential cost 2.) revenues are irrelevant in a make or but decision 3.) a speacial order should be rejected if it keans sales to regular customers will be disrupted 4.) in a decision wether to make or buy an item, fixed cost may or may not be relevant.
For a cost to be relevant, it must meet which of the following criteria? (Please Choose One) A) It must differ between the decision alternatives and it must be incurred in the future rather than in the past. B) It must not differ between the decision alternatives and it must be incurred in the future rather than in the past. C) It must differ between the decision alternatives and it must have occurred in the past rather than in the...
In the relevant range, fixed overhead costs do not vary with cost driver activity. True False
relevant in comparing decision alternatives o all of the above costs would be considered relevant in comparing decision alternatives Question 2 3.5 pts AG-2m Company reported the following cost information: Cost A Cost B Cost C Units sold June $19,740 $55,020 $37,380 42,000 units July $35,720 $99,560 $37,380 76,000 units Which of the above costs would be classified as a mixed cost? Cost A O Cost B O Cost C both Cost A and Cost B are mixed costs all...
Answer these following questions: 1. Only variable costs can be relevant or differential cost A. True B. False 2. Fixed Costs which change with a decisions are relevant A. True B. False 3. Sunk costs are always relevant to decisions A. True B. False 4. In incremental analysis, total fixed costs will always remain constant A. True B. False 5. A special order should not be accepted if the sales price is less than the unit variable cost. A. B....
For a cost or revenue to be relevant to a particular decision, the cost or revenue must A. differ between the alternatives being considered B. be a past cost C. be a future cost D. both a and c are correct
6) Mary must decide between two alternatives for the weekend: babysitting or yard work. If she babysits, she will receive $40 and will incur $15 in transportation costs. If she does yard work, she will receive $40 and will incur $3 in lawn mower gas and oil costs and S5 in transportation costs. The payment she would receive for the jobs is relevant in deciding which alternative to select 6) 7) Sunk costs are sometimes relevant for decision-making purposes 8)...