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Research and Explain each of the following terminologies Product Cost Methods Absorption Costin Marginal Costin Incremental Costing Organization Costs Business Function Costs (department costs Processing

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Research and Explain each of the following terminologies Product Cost Methods Absorption Costin Marginal Costin Incremental Costing Organization Costs Business Function Costs (department costs Processing costs Job Costs Batch Costs Cost Classification Variable Costs Fixed Costs Direct Costs Indirect Costs Overhead Costs Cost Determination Historical Costs Future Costs Incremental Costs Marginal Costs Relevant Costs Opportunity Costs Avoidable Costs Unavoidable Costs

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