Question

Costs whose level a manager can influence are known as:

a.historical costs.
b.irrelevant costs.
c.opportunity costs.
d.controllable costs.

Answer 1

Controllable costs are costs in which a manager has the authority to influence or change through decision-making. These costs include labor costs, raw material costs, and overhead costs.

Step-by-step explanation:

In economics, costs whose level a manager can influence are known as controllable costs. Controllable costs are expenses that a manager has the authority to change or adjust through decision-making, such as labor costs, raw material costs, and overhead costs. By managing these costs effectively, a manager can optimize the financial performance of the business.