Costs that have not yet been incurred but will be incurred in the future based on decisions that have already been made are:

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Locked-in costs are costs that have not yet been incurred but will be incurred in the future based on decisions that have already been made. These costs cannot be avoided or reduced without significant changes to the decision that was made. In contrast, value-added costs are costs that add value to a product or service, non-value-added costs are costs that do not add value to a product or service, targeted costs are costs that are set as a specific goal or target, and conversion costs are costs related to converting raw materials into finished goods.

Costs That Have Not Yet Been Incurred but Will Be