Question
Describe the 5 types of cost classification with explanation and examples. Explain relating the data of Shivam cement company 2073/2074 annual report and do cost
Describe the 5 types of cost classification with explanation and examples. Explain relating the data of Shivam cement company 2073/2074 annual report and do cost classification of Shivam cement companyrelatingwith every 5 cost classificationwhich are:-
1. cost classification by object: direct and indirect cost
2. cost classification by manufacturing: manufacturing and non- manufacturing
2. cost classification by financial statement: product an and period cost
3. cost classification by behavior: variable cost, fixed cost and mix cost.
5. cost classification by decision making: differential cost, opportunity cost and sunk cost
Pleases do provide Reference and intex citation.
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