Product Costs Cost Behavior Direct Materials Direct Labor Manufacturing Overhead Variable Vandble B. What is a Mixed Cost? contains bath o fixed variable commet C. Give an example of a Mixed Cost D. Are period costs variable or fixed? Explain!!! period carts are Cost E. Ask yourself this question when trying to determine whether a cost is variable (or partly variable) or fixed: "If one additional unit is produced (or one additional service is provided) will the total cost change?" . If the answer is Yes - It is a If the answer is No - It is a Cost Example: If one additional hamburger is made at McDonald's more meat is needed. Meat is a variable cost (DM), but the insurance on the building will not change so the insurance is a fix cost. E How do direct and indirect costs differ? Can they both be product costs? Explain