MANAGERIAL ACCOUNTING F/MGRS.
MANAGERIAL ACCOUNTING F/MGRS.
5th Edition
ISBN: 9781259969485
Author: Noreen
Publisher: RENT MCG
Question
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Chapter 6, Problem 6.6Q
To determine

Concept Introduction:

Future cost:

The future cost is the forecasted cost for future business activities. It is the cost that can occur in the future. The management of the business can estimate the future cost by preparing the future cost. The future cost is estimated by considering future business activities.

Explain the statement about future cost.

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