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Task 01 Having understood the opportunity created by COVID-19 pandemic, the product development team of a leading food and beverage manufacturing company proposed its
Task 01 Having understood the opportunity created by COVID-19 pandemic, the product development team of a leading food and beverage manufacturing company proposed its management to introduce a new herbal drinking product which would strengthen the natural immune system of human being. It is proposed to produce this product as a 325ml ready-to- drink canned product. Assuming that you as the Management Accountant of this company, provide a detail costs classification on this proposed product focusing on direct costs, indirect costs, manufacturing costs, non-manufacturing costs, fixed costs and variable costs. (10 marks)
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