Difference between revisions of "Constant"
(Created page with "Conformance quality is refers to the performance of a product or service relative to its design and product specifications. ==Definitions== According to Cost Accounting...") |
|||
| Line 1: | Line 1: | ||
| − | [[ | + | [[Constant]] is the component of total cost that, within the relevant range, does not vary with changes in the level of the activity. Also called intercept. |
==Definitions== | ==Definitions== | ||
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
| − | :[[ | + | :[[Constant]]. The component of total cost that, within the relevant range, does not vary with changes in the level of the activity. Also called intercept. |
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 18:58, 9 July 2020
Constant is the component of total cost that, within the relevant range, does not vary with changes in the level of the activity. Also called intercept.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Constant. The component of total cost that, within the relevant range, does not vary with changes in the level of the activity. Also called intercept.
