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Documents Chapter 6 Cost analysis and Measurement. KEY CONCEPTS historical cost current cost replacement cost....

Slide 1 Chapter 6 Cost analysis and Measurement Slide 2 KEY CONCEPTS historical cost current cost replacement cost opportunity cost explicit cost implicit cost incremental…

Documents 1 Chapter 8 COST FUNCTIONS. 2 Definitions of Costs It is important to differentiate between...

Slide 1 1 Chapter 8 COST FUNCTIONS Slide 2 2 Definitions of Costs It is important to differentiate between accounting cost and economic cost –the accountant’s view of…

Documents Chapter 8 © 2006 Thomson Learning/South-Western Costs.

Slide 1 Chapter 8 © 2006 Thomson Learning/South-Western Costs Slide 2 2 Basic Concepts of Costs Opportunity cost: the cost of a good or service as measured by the alternative…

Documents Chapter 12 COSTS Copyright ©2002 by South-Western, a division of Thomson Learning. All rights...

Slide 1 Chapter 12 COSTS Copyright ©2002 by South-Western, a division of Thomson Learning. All rights reserved. MICROECONOMIC THEORY BASIC PRINCIPLES AND EXTENSIONS EIGHTH…

Documents Definitions of Costs It is important to differentiate between accounting cost and economic cost –....

Slide 1 Definitions of Costs It is important to differentiate between accounting cost and economic cost – the accountant’s view of cost stresses out-of- pocket expenses,…

Documents 1 Chapter 8 COST FUNCTIONS Copyright ©2005 by South-western, a division of Thomson learning. All...

Slide 1 1 Chapter 8 COST FUNCTIONS Copyright ©2005 by South-western, a division of Thomson learning. All rights reserved. Slide 2 2 Definitions of Costs It is important…

Documents INTRODUCING THE COST APPROACH Chapter 11. Base cost Builder’s profit Building shell Building size....

Slide 1 INTRODUCING THE COST APPROACH Chapter 11 Slide 2 Base cost Builder’s profit Building shell Building size and shape Comparative square-foot method Construction classification…

Documents Chapter 5 COSTS AND PRODUCTIVITY. 1. Opportunity Costs The correct measure of the costs of any...

Slide 1 Chapter 5 COSTS AND PRODUCTIVITY Slide 2 1. Opportunity Costs The correct measure of the costs of any action is what has been given up by taking that action instead…

Documents ACTG 6310 Chapter 14 – Management Accounting in a Changing Environment.

Slide 1 ACTG 6310 Chapter 14 – Management Accounting in a Changing Environment Slide 2 Determinants of Business Strategy, Organizational Architecture and Firm Value Figure…

Documents The Theory and Estimation of Cost The Importance of Cost in Managerial Decisions The Definition and....

The Theory and Estimation of Cost The Importance of Cost in Managerial Decisions The Definition and Use of Cost in Economic Analysis The Relationship Between Production and…