2.

Assume yourself as a cost accounting manager of Oman clothing company, you are required to riposte the following concerns that help the top level managers (for answering follow the business brief writing guidelines attached at the end of the assignment):

a. List three (3) fixed cost, variable cost and semi variable cost each that will incur in your organization.

b. Show and explain the fixed cost and variable cost curve behaviors of your business taking one item of fixed and variable cost as example selected with numerical example and graphical representations.

c. Prepare a stores ledger based on the stores details of your company by following LIFO method.