Reference no: EM132628567

Question - Describe the 5 types of cost classification with explanation and examples. Explain relating the data of Shivam cement company 2073/2074 annual report and do cost classification of Shivam cement company relating with every 5 cost classification which are:-

1. cost classification by object: direct and indirect cost

2. cost classification by manufacturing: manufacturing and non- manufacturing

2. cost classification by financial statement: product an and period cost

3. cost classification by behavior: variable cost, fixed cost and mix cost.

5. cost classification by decision making: differential cost, opportunity cost and sunk cost

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