Controller - Marginal [Cost] is the f(x) of the derivative...

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Controller – chief accountant [Cost] Tracing – a subtext of a costing system Volume [Cost] – one of the costs that are not associated with the production activities of the company Mixed [Cost] – neither a preset nor a relatively erratic cost Factory Overhead – a cost associated with the production activities of a company but not directly Step [Cost] – a mutual aspect between variable cost and fixed cost Decremental [Cost] – ain’t not a cost increase (opposite) Sunk [Cost] – Research and Development Activities (example) Postponable [Costs] – deferrable but inevitable charges
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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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Controller - Marginal [Cost] is the f(x) of the derivative...

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