Homework Help is Here – Start Your Trial Now!
Business
Management
Discussion: Cost classfication With the concepts you learned from this chapter, please imagine that you are starting a business as a manufacturer of a product after you graduate. What is the product that you will manufacture? What are some examples for each of the following costs related to your product, so you are well aware of them when you run your buisness? 1. Direct cost 2. Indirect cost 3. Fixed cost 4. Variable cost 5. Product cost 6. Period cost

Discussion: Cost classfication With the concepts you learned from this chapter, please imagine that you are starting a business as a manufacturer of a product after you graduate. What is the product that you will manufacture? What are some examples for each of the following costs related to your product, so you are well aware of them when you run your buisness? 1. Direct cost 2. Indirect cost 3. Fixed cost 4. Variable cost 5. Product cost 6. Period cost

Marketing
Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter20: Setting Prices
Section: Chapter Questions
Problem 2DRQ
See similar textbooks
icon
Related questions
Question
Discussion: Cost classfication With the concepts you learned from this chapter, please imagine that you are starting a business as a manufacturer of a product after you graduate. What is the product that you will manufacture? What are some examples for each of the following costs related to your product, so you are well aware of them when you run your buisness? 1. Direct cost 2. Indirect cost 3. Fixed cost 4. Variable cost 5. Product cost 6. Period cost
Transcribed Image Text:Discussion: Cost classfication With the concepts you learned from this chapter, please imagine that you are starting a business as a manufacturer of a product after you graduate. What is the product that you will manufacture? What are some examples for each of the following costs related to your product, so you are well aware of them when you run your buisness? 1. Direct cost 2. Indirect cost 3. Fixed cost 4. Variable cost 5. Product cost 6. Period cost
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS