Accounting Instruction, Help, & How To - Bob Steele

2500.4 – Managerial Decisions, Relevant Cost, Sunk Cost, Opportunity Cost

08.20.2016 - By Bob Steele CPA: Accounting Instruction, Help, & How ToPlay

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Managerial accounting situation designed to highlight common problems in managerial decisions and formal process to make decisions. Included discussion of relevant costs and benefits. Scenarios include accepting additional business or a special offer, decision to make or buy, decision to scrap or rework, decision to sell or process further, decision about sales mix, and decision […]

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