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Behavioral Classification of Costs
Definition
Cost behavior refers to the change in costs as increase or may decrease like the output level changes that are like we rising output, are the costs increasing, remaining or dropping the similar.
Cost Behavior can be utilized to produce different classifications of costs like:
a) Variable Costs Vs. Fixed Costs
b) Direct Vs. Indirect costs
c) Controllable Vs. Non Controllable costs
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raw an organization chart of any actual or hypothetical manufacturing organization to show the position of management/cost accounting department within an organization and discuss
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