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.
Basic Cost Concepts. ACCOUNTANCY. term cost is used in this very form. In reference to production/manufacturing. of goods and services cost refers to sum total of the value of resources used. like raw material and labour and expenses incurred in producing or. manufacturing of given quantity.