Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 2 - An Introduction to Cost Terms and Purposes - Assignment Material - Questions - Page 54: 2-7

Answer

Relevant range is the band or range of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question. Cost are described as variable or fixed with respect to a particular relevant range

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