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Relevant Cost
Costs that are directly related to a specific business decision, affecting the future cash flows.
Relevant Benefits
The advantageous outcomes or gains that are directly attributable to a specific action or investment.
Relevant Costs
Costs that are directly affected by a specific business decision and should be considered when making that decision.
Fixed Costs Per Unit
The fixed costs associated with a product divided by the number of units produced, highlighting how these costs dilute with increased production.
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