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There are variable costs, fixed costs, and mixed costs. There are product costs and period costs. Direct materials and direct labor are variable costs. Manufacturing
There are variable costs, fixed costs, and mixed costs. There are product costs and period costs. Direct materials and direct labor are variable costs. Manufacturing overhead costs are considered fixed costs. Explain what these costs are and give unique examples. Then determine which of these costs are controllable and how this fact can help management as they make decisions that will impact the bottom line (profit or loss).
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