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An additional cost, incurred for some specific activity to bring processed product on to next production stage is

A. partial cost

B. relevant cost

C. incremental cost

D. irrelevant cost

Answer: Option C

Solution(By Examveda Team)

An additional cost, incurred for some specific activity to bring processed product on to next production stage is incremental cost. Incremental cost also referred to as marginal cost, is the total change a company experiences within its balance sheet or income statement due to the production and sale of an additional unit of product.

This Question Belongs to Commerce >> Costing

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