Category Archives: Forex Trading

What is relevant cost? Measure business decisions to make more $

The company will be able to decrease its variable costs by $28,000 but will incur in incremental costs of $10,000 due to increase in depreciation. Irrelevant costs simplify decision-making by allowing us to focus on relevant factors. By recognizing and excluding these costs, managers can make more informed choices. Remember, it’s not just about the […]