Q699
An additional cost, incurred for some specific activity to bring processed product on to next production stage is
A.
partial cost
B.
relevant cost
C.
incremental cost
AnswerD.
irrelevant cost
Answer: Option C
Solution
Answer: Option C
Solution:
An additional cost, incurred for some specific activity to bring processed product on to next production stage is incremental cost. Incremental cost also referred to as marginal cost, is the total change a company experiences within its balance sheet or income statement due to the production and sale of an additional unit of product.