Classifications of Costs


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Diagram two to three (2-3) of the classifications for costs, and propose the value of each of these classifications in the production of the navigation system at VectorCal. Explain your decision for each classification chosen.

Jul 29th, 2015

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1. variable costs- are directly proportional to level of activity



2. fixed costs- are constant over a wide range of activity



3 Semi-variable- have fixed element and variable element at the same time



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Jul 29th, 2015

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Jul 29th, 2015
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