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.
What you are determining is the historical cost. Historical Costs Defined. Historical cost is a term used in accounting that represents the original cost of an asset you've acquired or purchased at the time of transfer or sale. In cost accounting, the term refers to an amount of money used to buy or run a business.