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What are benefit from using a manufacturing cost hierarchy

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Reference no: EM132484139

Use a company of your choosing or your current work environment (example: restaurant) to identify at least one cost or expense that would fit under each of the following categories:

  1. Variable
  2. Fixed
  3. Mixed
  4. Step

Question 1: Would your company be more likely to benefit from using a manufacturing cost hierarchy or a customer cost hierarchy for determining cost drivers? Explain this answer and identify one cost for each of the four cost hierarchy categories.

Reference no: EM132484139

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