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What are relevant costs and what are irrelevant costs

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Reference no: EM13847655

1) What are relevant costs?

2) What are irrelevant costs?

3) Depreciation of plant is an example of imputed cost?

4) In differential cost analysis, managerial decisions are based on P/V ratio and contribution?

5) What do you mean by make or buy decision?

6) What is sunk cost?

Reference no: EM13847655

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