Difference between revisions of "Relevant range"
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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.
