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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › relevant costing
what does “replacement cost” mean in the context of relevant costing and could you give a brief example(or situation) where replacement cost might be a relevant cost?
Thanks.
You need to watch my free lectures – I explain this in the context of inventory (which is where it is relevant) and I am not going to simply type out my lectures (and examples) here.
