Financial Performance Revision Kit

Hi All :)

dont suppose somebody can offer some advice, I've taken to the revision kit for financial performance and theres a few questions which involve calculating in MAC, TAC and FAC... what are these please?????


  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    I'm sorry I don't know
    Please can you give the context of the question?
    MC is often used to mean marginal cost
    TAC often means total absorption cost
    FAC often means full absorption cost

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  • jessbill3
    jessbill3 Registered Posts: 17
    Ahhh perfect, tbh thats all i needed to know... i didnt have the abbreviations written down anywhere thanks
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