Answer
See definition below
Work Step by Step
The relevant cost, also known as the avoidable or differential or incremental cost, is the difference in cost of two alternatives.
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 12 - Differential Analysis: The Key to Decision Making - Questions - Page 558: 12-1
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