Management And Accounting Web

Relevant Costing

Differential Cost, Incremental Cost, Opportunity Cost, and Sunk Cost

Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

cost cartoon graphic

Relevant Costing Bibliography
ABKY Textbook Chapter 6 Summary
Opportunity costs: Some definitions and examples
Economic and Accounting Concepts of Cost and Value
Opportunity Cost Examples
Opportunity cost in transfer pricing
Outsourcing and Make vs. Buy
To sell of process further decisions for joint products