We can classify costs as (1) fixed vs. variable, (2) direct vs. indirect, and (3) product vs.

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We can classify costs as (1) fixed vs. variable, (2) direct vs. indirect, and (3) product vs. period. A cost can be classified in more than one way, depending on the purpose for which the cost is being determined. These classifications help us understand cost patterns, analyze performance, and plan operations

Posted Date: May 18, 2024 09:12 AM

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We can classify costs as (1) fixed vs. variable, (2) direct vs. indirect, and (3) product vs.

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