11-1 What are relevant costs? Provide several examples for the decision to repair or replace a piece of equipment. 11-2 List at least four different decisions for which the relevant cost analysis...

11-1 What are relevant costs? Provide several examples for the decision to repair or replace a piece of equipment.

11-2 List at least four different decisions for which the relevant cost analysis model can be used effectively.

11-3 What is the relevant cost when determining whether to sell a product before or after additional processing?