Relevant Costing

Differential Cost, Incremental Cost, Opportunity Cost, and Sunk Cost

Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

cost cartoon graphic

Relevant Costing Bibliography

ABKY Textbook Chapter 6 Summary

Opportunity costs: Some definitions and examples

Economic and Accounting Concepts of Cost and Value

Opportunity Cost Examples

Opportunity cost in transfer pricing

Outsourcing and Make vs. Buy

To sell of process further decisions for joint products