Question: Why do managers consider direct costs to be more accurate than indirect costs? What is a cost driver? Give one example. Explain why unit costs

Why do managers consider direct costs to be more accurate than indirect costs?

What is a cost driver? Give one example.

Explain why unit costs must often be interpreted with caution.

Describe the Breakeven point and show it with the help of the graph.

Define contribution margin, contribution margin per unit, and contribution margin percentage.

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