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Relevant cost of labour

Forums › ACCA Forums › ACCA PM Performance Management Forums › Relevant cost of labour

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by AvatarJohn Moffat.
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  • December 6, 2016 at 6:11 pm #354658
    Avatarlavanithan
    Member
    • Topics: 4
    • Replies: 0
    • ☆

    I am not quite sure the definition of the relevant cost of labour, which states equivalent to opportunity cost (lost contribution diverted from the previous job AND addition labour cost),
    Why the additional labour cost should include in relevant cost calculation even it will not change if the decision is not chosen i.e The additional labour cost is remain same for alternatives.. plz help me

    December 7, 2016 at 6:32 am #354847
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    If you want me to answer then you must ask in the Ask the Tutor Forum (this forum is for students to help each other).

    Have you watched my free lectures, because I do explain this point in the lectures.

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