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Relevant costing





                           Introduction





                             A number of short-term decisions that are typically made by a
                             business:






                        MAKE VERSUS BUY                          SHUT DOWN DECISIONS










                       ONE OFF CONTRACT                           FURTHER PROCESSING
                              DECISIONS                                   DECISIONS






                             Each of these decisions is based on relevant costing principles.
                             Therefore, a recap of relevant costing will be useful before looking at
                             each of the decisions in turn.























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