Cost
Difference between Marginal Cost and Average Cost
Average and Marginal Cost. Marginal cost is the change in total cost when another unit is produced; average cost is the total cost divided by the numb...
Difference between Avoidable Cost and Unavoidable Cost
An avoidable cost is a cost that is not incurred if the activity is not performed. Examples include labor cost, packaging, or materials. These costs a...
Difference Between Marginal Analysis and Incremental Analysis
Marginal analysis is an analysis of additional benefits based on an activity in comparison to additional costs incurred by the same activity. On the o...
Difference Between Controllable and Uncontrollable Cost
Controllable cost refers to a cost that can be altered based on a business decision or need. On the other hand, uncontrollable cost refers to a cost t...
Difference Between Cost Benefit Analysis and Return on Investment
ROI is a calculation of the most tangible financial gains or benefits that can be expected from a project versus the costs for implementing the sugges...
Difference Between Cost Control and Cost Reduction
Cost control is a process which focuses on reducing the total cost of production. However, cost reduction aims at reducing the per unit cost of a prod...
Difference Between Cost and Expense
The difference between cost and expense is that cost identifies an expenditure, while expense refers to the consumption of the item acquired. These te...
Difference Between Costing and Cost Accounting
Costing refers to the practice of identifying costs of any product, service or activity, at various times and stages of production. Cost Accounting is...
Difference Between Cost of Equity and Cost of Debt
Cost of Equity is the rate of return expected by shareholders for their investment. Cost of Debt is the rate of return expected by bondholders for the...