Including Differential Cost, Incremental Cost, Opportunity Cost, and Sunk Cost
Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida
Relevant
Costing Main Page | Capital Budgeting Main Page
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Fessler, N. J. 2011. Dr. Livingroom, I presume. Issues in Accounting Education (November): 807-814. ("This case places students in the context of personal negotiations with a health care provider regarding the price of offered services. This short but rich case is intended to be administered and discussed in a single hour-and-fifteen-minute class session, and enables instruction and discussion on important accounting concepts such as relevance, opportunity cost, breakeven, pricing, and fairness-in a personal-services setting").
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Leininger, W. E. 1977. Opportunity costs: Some definitions and examples. The Accounting Review (January): 248-251. (Summary and JSTOR link).
Leitch, R. A., P. R. Philipoom and T. D. Fry. 2005. Opportunity costing decision heuristics for product acceptance decisions. Journal of Management Accounting Research (17): 95-117.
Mackey, J. T. 1983. Allocating opportunity costs. Management Accounting (March): 33-37.
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McRae, T. W. 1974. A further note on the definition of incremental and opportunity cost. The Accounting Review (January): 124-125.
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Ozdemir-Akyildirim, O., M. Denizel and M. Ferguson. 2014. Allocation of returned products among different recovery options through an opportunity cost-based dynamic approach. Decision Sciences 45(6): 1083-1116.
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