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Discuss the concepts of relevant costs and incremental costs

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Assignment - There are 4 questions. Need a minimum of 200 words.

Question 1 - Discuss the concepts of relevant costs and incremental costs.  How do they relate?  Provide examples.

Question 2 - The concept of "Cost-Benefit" permeates smart decision making and accounting principles.  How does this concept relate to incremental analysis?  Provide an example to prove your point.

Question 3 - What would happen if an incremental cost impacted each alternative equally?  Would this be a relevant cost?  Thoughts...questions...anybody?

Question 4 - What is it about "sunk costs" that excludes them from being relevant costs?

Reference no: EM132451562

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