Apsc 221 cost concepts - Study guides, Class notes & Summaries
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APSC 221 Cost Concepts Questions with complete solution 2024/2025
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APSC 221 Cost Concepts Questions with complete solution 2024/2025 APSC 221 Cost Concepts 
 
fixed costs - correct answer Costs that do not vary with the quantity of output produced 
 
variable costs - correct answer costs that vary with the quantity of output produced 
 
Incremental cost - correct answer Additional Cost (or rev) that results from increasing the output of a system 
 
Direct Costs - correct answer costs that can be easily and accurately traced to a cost object 
 
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