Price-recovery component

From CNM Wiki
Revision as of 21:02, 10 July 2020 by QiratH (talk | contribs) (Created page with "Price-recovery component is change in operating income attributable solely to changes in prices of inputs and outputs between one period and the next. ==Definitions== Acc...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Price-recovery component is change in operating income attributable solely to changes in prices of inputs and outputs between one period and the next.

Definitions

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

Price-recovery component. Change in operating income attributable solely to changes in prices of inputs and outputs between one period and the next.