Accounting Exam 4

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Last updated 3:27 PM on 4/18/26
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9 Terms

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Relevant Information:

Differs between the alternative AND happens in the future

2
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Avoidable Costs:

Occurs only with implementation of a particular alternative

3
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Unavoidable Costs:

Incurred under all alternatives

4
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Sunk Cost:

Cost that occurred in the past

5
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Differential cost / incremental cost:

Show impact of one alternative over the other

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Opportunity Cost:

Contribution margin of the next best alternative of facilities

7
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How do you calculate CM?

Sales-VC

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How do you calculate segment margin?

CM - DIRECT fixed costs

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What are common costs?

Costs that are not directly caused by the cost object