In differential analysis, irrelevant costs include:

Name: In differential analysis, irrelevant costs include:
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Irrelevant costs include sunk costs, which are costs that have already been incurred and cannot be changed or recovered. Thus, they are not relevant to decision-making as they cannot be altered by the decision at hand. Avoidable costs, differential costs, and opportunity costs are all relevant costs as they are directly impacted by the decision and can be altered based on the choice made.

In Differential Analysis, Irrelevant Costs Include