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Unformatted text preview: • Marginal [Cost] – is the f(x) of the derivative of a cost function • High-Low [Method] – a SIMPLE method that only focuses on the extremes • Fixed [Cost] - the b in the equation: y=mx+b • Scatter-plot [Method] – using a graph to estimate the FC and VC elements of a mixed cost • [Cost of a Service] Provider – similar to work in progress <DILI KO SURE; PLS RECHECK> • Opportunity [Cost] – ‘There is no such thing as a ‘free lunch’.” • Budgeted [Cost] – approximation of anticipated costs...
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- Spring '11
- chief accountant, Research and Development Activities