cost concepts

2
Historical costs Future costs Period costs Prime costs Direct costs Indirect costs Opportunity costs Imputed costs Programmed costs Joint cost

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COST CONCEPTS- how many types of cost are their

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Page 1: Cost Concepts

Historical costsFuture costsPeriod costsPrime costsDirect costsIndirect costsOpportunity costsImputed costsProgrammed costsJoint cost

Page 2: Cost Concepts

Sunk costDiscretionary costOut of pocket costDifferential costConversion costCommitted costsCost per unit and cost center