Writing Essays. by Eleanor Wakefield. There are several vital elements to any successful college essay. This handout. will define those elements and show you how to put them together using an. outline. Following this format will help you keep your thoughts organized and. get your essay underway.
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: 1  Future. 2  Cash Flow.  Incremental.
All the other costs are relevant. Calculate the expenses associated with each relevant cost. While past costs are not relevant, they can be used to estimate a future cost that is relevant.For example, you may know from past trips the cost of food from service stations off the highways and on trains.ot all future costs are relevant. If a cost is going to occur regardless of the decision being examined, it is not a relevant cost. Decisions always involve at least two alternatives, and examining relevant costs is a tool that aids in this process.