• Definedirect costsandindirect costs.
• Explain why managers consider direct costs to be more accurate than indirect costs.
• Name three factors that affect a cost's classification as direct or indirect.
• Define variable and fixed costs, and provide at least two examples of each
• your essay must include an introduction, body, and conclusion, and address all relevant parts of each question. Your response should a minimum of 300 words in length. Make sure to cite any references you use. Proper citation format for a reference includes the name of the author(s), the title of the work, the date of the publication, and the page number.