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Select a product that you're familiar with. Think about the costs of making that product. Please share with us the product and list at least

Select a product that you're familiar with. Think about the costs of making that product. Please share with us the product and list at least five costs you think would be incurred to make the product. Classify these costs as fixed, variable, and/or mixed. How confident do you feel about your expense classification, and what are some techniques you could use to determine whether a cost is variable, fixed, or mixed? Why is it important to understand cost behavior?

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