Production volume changes, some costs may increase or decrease and other costs may remain stable
- BAE
- Oct 15, 2021
- 1 min read
Essay Topic: “As production volume changes, some costs may increase or decrease and other costs may remain stable, but specific costs behave in predictable ways as volume changes. This concept of predictable cost behaviour based on volume is very important to the effective use of accounting information for managerial decision making.” Do you agree? Justify.
Comments