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Cost Behavior Patterns and Implications for Managing a Business

Cost Behavior Patterns and Implications for Managing a Business

This 9:39 minute video is the first of several developed for Chapter 18: Cost, Volume, Profit, and Business Scalability of the Principles of Managerial Accounting textbook from the website principlesofaccounting.com.  Dr. Larry Walther presents the material.  Topics introduced include: variable costs, fixed costs, cost struction, economies of scale, relevant range, stepped costs, committed costs, and discretionary costs.  Examples...

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