Create a new manufacturing business
- Create a new manufacturing business, including a name and location. In your initial post, present the following information for your business:
- Name of business
- Type of business
- Location of business
- Determine a product to manufacture
- Cost classification – Determine the individual costs that your business would incur related to: (1) fixed, (2) variable, (3) direct, (4) indirect, (5) manufacturing overhead, (6) period, and (7) product
- Include justification of cost classification
- In addition, give an example of a business decision that would be helped by knowing a particular category of cost classifications, i.e. fixed/variable; direct/indirect; period/product. Explain how that cost category would be used to make that decision.
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APA
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