Requirements. Answer all question detail but not too long. (5-10 sentence each) Lets explain what is the difference between a merchandiser and a service organization. 1. What new accounts do….
Product Cost, cost classification
There are variable costs, fixed costs, and mixed costs. There are product costs and period costs. Direct materials and direct labor are variable costs. Manufacturing overhead costs can be a combination of variable and fixed costs.
Explain what these costs are and give unique examples. Then determine which of these costs are controllable and how this fact can help management as they make decisions that will impact the bottom line (profit or loss). please include at least 3 references.
Noreen, E. W., Brewer, P. C., & Garrison , R. H. (2017). Managerial Accounting for Managers. New York: McGraw-Hill Education