koszt istotny
English translation: relevant cost
| 12:04 Sep 4, 2016 |
| Polish to English translations [PRO] Bus/Financial - Economics | |||||
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|  Selected response from: Darius Saczuk United States Local time: 18:19 | ||||
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| 3 +2 | relevant cost |
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| koszty istotne |
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Answers
11 mins confidence: 
peer agreement (net): +2
peer agreement (net): +2relevant cost Explanation: Differential, avoidable, and opportunity costs are considered relevant costs. Sunk and fixed overhead costs are irrelevant. Using examples to demonstrate these costs show us that which costs are included in what places depend on what decision is made and the specific situation. |
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1 hr peer agreement (net): +1 |
| Reference: koszty istotne Reference information: Uwzględniając kryterium istotności kosztów przy podejmowaniu decyzji wyróżnia się: – koszt istotny – (znaczący, relewantny) – charakteryzuje się on dwoma cechami, czyli jest różnicą między dwoma alternatywnymi cechami oraz stanowi przyszły wydatek pieniężny, – koszt nieistotny – nie ma wpływu przy podejmowaniu decyzji. http://rifp.pl/rachunek-kosztow/klasyfikacja-kosztow-i-przyc... ccccccccccccccccccccccccccc koszty relewantne (istotne, znaczące)- są to koszty, które mają dwie podstawowe cechy: stanowią przyszłe wydatki pieniężne są różnicą pomiędzy dwoma alternatywami, np. strzyżenie u fryzjera X kosztuje 15zł, a u fryzjera Y 18zł- koszt istotny wynosi 3zł. koszty nieistotne- to koszty, które nie mają znaczenia przy podejmowaniu decyzji http://mailgrupowy.pl/shared/resources/8428,ekologia-i-ochro... -------------------------------------------------- Note added at 1 hr (2016-09-04 13:13:53 GMT) -------------------------------------------------- What is a 'Relevant Cost' Relevant cost is a managerial accounting term that describes past or sunk costs that are not used to make current business decisions. The concept of relevant cost is used to eliminate unnecessary data that could complicate the decision-making process. As an example, relevant cost is used to determine whether to sell or keep a business unit. BREAKING DOWN 'Relevant Cost' Assume, for example, a passenger rushes up to the ticket counter to purchase a ticket for a flight that is leaving in 15 minutes, and the airline needs to consider the relevant costs to make a decision about the ticket price. Almost all of the costs related to adding the extra passenger have already been incurred, including the plane fuel, airport gate fee and the salary and benefits for the entire plane’s crew. Because these costs have already been incurred, none of the costs are relevant. The only additional cost is labor to load the passenger’s luggage and any food that is served, so the airline bases the ticket-pricing decision on just a few small costs. How to Decide About a Business Unit’s Future A big decision for a manager is whether to close a business unit or continue to operate the company division, and relevant costs are the basis for the decision. Assume, for example, a chain of retail sporting goods stores is considering closing a group of stores catering to the outdoor sports market. The relevant costs are the costs that can be eliminated due to the closure, as well as the revenue lost when the stores are closed. If the costs to be eliminated are greater than the revenue lost, the outdoor stores should be closed. The Differences Between Make vs. Buy Decisions Make vs. buy decisions are often an issue for a company that requires component parts to create a finished product. Say, for example, a furniture manufacturer is considering an outside vendor to assemble and stain wood cabinets, which are then finished by adding wood handles and other details. The relevant costs are the variable costs incurred by the manufacturer to make the wood cabinets and the price paid to the outside vendor. If the vendor can provide the component part at a lower cost, the furniture manufacturer outsources the work. http://www.investopedia.com/terms/r/relevantcost.asp#ixzz4JI... Follow us: Investopedia on Facebook |
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