Writing Essays. by Eleanor Wakefield. There are several vital elements to any successful college essay. This handout. will define those elements and show you how to put them together using an. outline. Following this format will help you keep your thoughts organized and. get your essay underway.
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: 1  Future. 2  Cash Flow.  Incremental.
A fixed cost is a cost which is incurred for an accounting period, and which, within certain activity levels remains constant. Fixed costs can be shown graphically as follows: The total cost remains constant over a given level of activity but that the cost per unit falls as the level of activity increases. Examples of fixed costs include rent, business rates and executive salaries. Numerical illustration of a fixed cost graph.