Difference between revisions of "Relevant range"

From CNM Wiki
Jump to: navigation, search
(Created page with "Relevant range is band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question. ==De...")
 
 
Line 4: Line 4:
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
:[[Relevant range]]. Band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question.
 
:[[Relevant range]]. Band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question.
 +
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
 +
:[[Relevant range]]. The band of volume where total fixed costs remain constant at a certain level and where the variable cost per unit remains constant at a certain level.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 18:38, 16 July 2020

Relevant range is band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Relevant range. Band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question.

According to Managerial Accounting by Braun, Tietz (5th edition),

Relevant range. The band of volume where total fixed costs remain constant at a certain level and where the variable cost per unit remains constant at a certain level.