Prepare a report for the Managing Director of your company explaining how costs may be classified by…


Question Description:

33

Prepare a report for the Managing Director of your company explaining how costs may be classified by their behaviour, with particular reference to the effects both on total and on unit costs. Your report should (i) say why it is necessary to classify costs by their behaviour, and (ii) be illustrated by sketch graphs within the body of the report.

Answer

33