As with relevant costs, irrelevant costs may be irrelevant for some situations but relevant for others. Examples of irrelevant costs are fixed overheads, notional costs, sunk costs and book values.
Investment dictionary. Academic. 2012.
Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined … Wikipedia
cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… … Financial and business terms
Cost basis — Part of a series on Taxation Taxation in the United States … Wikipedia
relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Accounting dictionary
Weighted average cost of capital — The weighted average cost of capital (WACC) is the rate that a company is expected to pay to finance its assets. WACC is the minimum return that a company must earn on existing asset base to satisfy its creditors, owners, and other providers of… … Wikipedia
Generalised cost — In transport economics, the generalised cost is the sum of the monetary and non monetary costs of a journey.Monetary (or out of pocket ) costs might include a fare on a public transport journey, or the costs of fuel, wear and tear and any parking … Wikipedia
The Problem of Social Cost — is an article published by Ronald Coase in 1960 in the Journal of Law and Economics about economic problem of externalities. It draws from a number of English legal cases and statutes to illustrate Coase s belief that legal rules are only… … Wikipedia
Sunk Cost — Sunk costs (deutsch: versunkene Kosten), oft auch als irreversible Kosten bezeichnet, sind betriebswirtschaftliche Kosten, die bereits in der Vergangenheit entstanden sind, d. h. bereits zu Auszahlungen geführt haben oder deren gegenwärtiges oder … Deutsch Wikipedia
Sunk cost — Sunk costs (deutsch: versunkene Kosten), oft auch als irreversible Kosten bezeichnet, sind betriebswirtschaftliche Kosten, die bereits in der Vergangenheit entstanden sind, d. h. bereits zu Auszahlungen geführt haben oder deren gegenwärtiges oder … Deutsch Wikipedia
relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Big dictionary of business and management
