Question: can you explain different cost concepts like direct and indirect cost, period and product cost, Fixed and Variable cost etc. Support your explanation with suitable

can you explain different cost concepts like direct and indirect cost, period and product cost, Fixed and Variable cost etc. Support your explanation with suitable examples.

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Explain different cost concepts, such as direct and indirect cost, period and product cost, Fixed and Variable cost, etc., and Support your explanation with suitable examples. Give reference.

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