Types of Costs: Period, Opportunity, Sunk and Relevant costs
Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Types of Costs: Period, Opportunity, Sunk and Relevant costs
- As pointed out during the discussion of cost behaviour there many way of grouping and classifying costs
- In addition to looking at how costs behaviour in relation to the level of activity ( units produced)
- It […]