Writing Essays. by Eleanor Wakefield. There are several vital elements to any successful college essay. This handout. will define those elements and show you how to put them together using an. outline. Following this format will help you keep your thoughts organized and. get your essay underway.
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: 1  Future. 2  Cash Flow.  Incremental.
There are costs which can be changed (avoided) and costs which cannot be avoided. The first type of costs is also called relevant costs and the second type is called irrelevant costs. Examples of relevant costs in the context of a make or buy decision include direct labor, direct materials, variable overhead.