Αποτελέσματα Αναζήτησης
11 Οκτ 2024 · The relevant range refers to a specific activity level that is bounded by a minimum and maximum amount. Within the designated boundaries, certain or levels can be expected to occur. Outside of that relevant range, revenues and expenses will likely differ from the expected amount.
- Operation Costing Definition
An example of the reverse situation is when a product...
- Financial Ratio Analysis
Example of Financial Ratio Analysis A credit analyst reviews...
- Operation Costing Definition
12 Μαΐ 2024 · Relevant Range in accounting refers to the range of activities of a company within which specific cost behavior is not altered. It means the limit of production or other related activities within which the organization maintains the same level of costs.
22 Μαΐ 2019 · Relevant Range In cost behavior analysis, relevant range represents the production bracket expressed in terms of units within which fixed costs are indeed fixed. We define fixed costs as costs which do not change with increase or decrease in the number of units produced.
3 Αυγ 2018 · When looking at costs and how costs behave, relevant range is the range of output or production in which our assumptions are true. If you move outside the relevant range, your cost assumptions are no longer valid. An example regarding relevant range and fixed costs
In accounting, the term relevant range usually refers to a normal range of volume or normal amount of activity in which the total amount of a company’s fixed costs will not change as the volume or amount of activity changes.
15 Αυγ 2024 · Relevant range is an accounting term that describes the parameters of production or activity within which a company maintains the same fixed costs. In accounting, fixed costs are constant and independent of specific production rates.
The relevant range is the range of activity where the assumption that cost behavior is a straight line (linear) is reasonably valid. Managerial accountants like to assume that the relationship between a cost and an activity run in a straight line.
