provide a graduate-level response to each of the following question(s):

Having learned different kinds of costs and the systems used to accumulate them, what types of costs would a social media company like Twitter or Tik-Tok incur? Are there labor, material, and overhead costs? Are there fixed, variable, direct, and indirect costs? What are the types of services produced by social media companies? And how do the costs incurred related to the services they generate?

[Your post must be substantive and demonstrate insight gained (by providing practical application or example or your personal experience. Do not use the textbook example)