Reference no: EM132864243

Question -

Q1. Choose a manufacturing company and assume that your company is currently producing only 3 types of products. Define the Production activity and Production Support activities (minimum 5), which take place in your company.

Q2. Define the costs incurred in your company (10 items) and classify them into the categories as follows:

1. period costs and product costs;

2. variable costs, fixed costs, and mixed costs;

3. direct costs and indirect costs;

4. committed fixed costs and discretionary fixed costs;

5. relevant and irrelevant costs.