Here the costs are divided as they are allocated to different functions in the company, like production, commercial, administration Distribution Costs, and Research a… See more

It depends on the nature of the cost, like whether it is a fixed, variable, or, semi-variable cost. Rent, Lease, and salary come under Fixed expenses; Packaging and commi… See more

As we know, costs to the company are not only a number but also a tool to make managerial decisions. So, management decides how to distinguish the costs and what categ… See more

This type of category is generally used by the companies involved in the manufacturing business where there are a lot of processes to be followed by the product to … See more