FINA 310 - Costs can be categorized in the following ways:Actual vs. budgeted cost

Question # 00622080 Posted By: katetutor Updated on: 11/25/2017 12:52 PM Due on: 11/25/2017
Subject Finance Topic Finance Tutorials:
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  • Costs can be categorized in the following ways:Actual vs. budgeted cost
  • Full cost vs. direct cost
  • Fixed vs. variable vs. mixed costs
  • Relevant vs. irrelevant costs
  • Product vs. period
  • Direct vs. indirect


  1. Discuss the following questions:Why is it important for a company to know the categorization of each cost?
  2. How can this information be used in decision making?
  3. Provide an example of each of the cost categorizations above.
  4. Discuss the following questions:Why is it important for a company to know the categorization of each cost?
  5. How can this information be used in decision making?
  6. Provide an example of each of the cost categorizations above.
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  1. Tutorial # 00620772 Posted By: katetutor Posted on: 11/25/2017 12:52 PM
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    The solution of FINA 310 - Costs can be categorized in the following ways:Actual vs. budgeted cost...
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