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Imagine that you need to determine the specifications for a worm gear and you have just calculated the addendum. What do you need to determine next?
Incremental Revenues
Additional income generated from a new project or decision, above and beyond existing revenues.
Incremental Variable Costs
Costs that vary with the level of output or activity, changing as the quantity produced changes.
Fully Depreciated
A status of an asset whose entire cost has been expensed with respect to depreciation, leaving its book value at zero except for salvage value, if any.
Excess Capacity
A situation where a company can produce more goods or services than currently demanded by its market.
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