Cost Accountancy Question:
Download Questions PDF

Explain Differential Cost

Answer:

Differential Cost is the difference between the costs of two alternatives. It includes both cost increase and cost decrease. It can be either variable or fixed. Example: Cost of first alternative = 10000; Cost of second alternative = 5000; Differential Cost = 10000 – 5000 = 5000

Download Cost Accountancy Interview Questions And Answers PDF

Previous QuestionNext Question
Explain Opportunity CostWhat is Sunk Cost?