A manager of a company reported the total additional cost required for the proposed increased production level.
Question:
A manager of a company reported the total additional cost required for the proposed increased production level. The increase in total cost is known as.
(a). Controllable cost
(b). Incremental cost
(c). Opportunity cost.
(d). Out-of-pocket cost.
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The correct answer is b Incremental cost Explanation Incremental cost also known as differential cos...View the full answer
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