1. List and describe the three types of manufacturing costs.

2. Describe the differences between product costs and period costs.

3. The management of a manufacturing company always has the alternative to manufacture (make) a product or component or go to a supplier and buy (buy) that same product or part. to. What type of analysis is carried out to decide on an alternative or the other?

4. The Cost-Volume-Profit and Break-Even Point (Cost-Profit) graph Volume-Profit and Break-Even-Point) is frequently used in business and management meetings in companies since it presents graphically the relationships of costs and income within a company. Answer the following two questions:

a. Briefly describe the type of information and data that It would be necessary to make a Cost-Volume-Profit graph and the Breakeven Point (Cost-Volume-Profit and Breakeven Point).

b. After the Cost-Volume-Profit and Breakpoint graph Balance (Cost-Volume-Profit and Break-Even-Point) has been prepared, What would be the main points or aspects that you could identify and highlight as important for the Management of the Will the company analyze them?

5. Describe job order cost accounting systems and the base activity system (activity-based costing). to. Can a company use both types of accounting systems? costs? Explain.

Answer rating: 100% (QA)

ANSWER 1 The three types of manufacturing costs are a Direct Materials These are the raw materials that are directly traceable to the production of a specific product Examples include the wood used to ... View the full answer