In: Accounting
Using your personal knowledge or the internet to select a product
or service. The product or service does not have to be an
actual product or service – it can be completely fictional.
For the selected product or service, identify at least 5 costs
involved with the product or service and complete the following
questions.
Classify each cost as direct or indirect.
Identify the cost behavior as either variable, fixed
or mixed.
Provide a brief (2 or 3 sentences) on the relationship
of these costs.
Please note you will need to make some assumptions about the
product or service. Internal product information is generally
not available to the public so you will need to make some educated
guesses about what may be required.
My product i would use is a (Hair Brush )
My product is Hair Brush Straightener.
Following are the major 5 cost involved with the product or service: