Constant

From CNM Wiki
Jump to: navigation, search

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.