1 Just let me say that this encounter has been entirely professional and most helpful. 2  I liked that I could ask additional questions and get answered in a very short turn around. 3  Esther Woodstock, NY. 4  Thank you so much for taking your time and knowledge to support my concerns.
A project's initial costs are those that are incurred during the design and construction process. They can include any of the following: 1  Planning, preliminary engineering, and project design. 2  Environmental impact report. 3  Project-related staff training.  Final engineering.
What is 'Incremental Cost'. Incremental cost, also referred to as marginal cost, is the encompassing change a company experiences within its balance sheet or income statement due to the production and sale of one additional unit of production. It is calculated by analyzing the additional charges incurred based on the change in a certain activity.