Question: Question 5 (a) Draw a diagram illustrating how direct, indirect, sales and administration costs contribute to the overall cost of a product in a

Question 5 (a) Draw a diagram illustrating how direct, indirect, sales and administration costs contribute to the overall cost of a product in a manufacturing company (b) (c) Outline the characteristics of variable, fixed, mixed and step costs, and write a note on a potential cause of particular cost behaviour. Discuss the salient features of both the engineering and historical cost estimation techniques, especially with regard to the cost activity base.

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