Avoidable cost can also be known as __________
escapable cost
Economic cost
Direct cost
Total cost
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- ________ is cost of process which begins with the implementation of the decision to produce a new or improved product or employ a new or improved method and ends with the commencement of formal production of that product or by the method.
- _______ cost are costs which are a part of the cost of a product rather than an expense of the period in which they are incurred
- A department, plant or an item of equipment can make up a cost centre referred to as ________
- ________ measures the extent to which fixed interest liabilities relate to the equity