What is meant by classifying costs (a) functionally and (b) behaviorally? Why would a company be concerned

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What is meant by classifying costs (a) functionally and (b) behaviorally? Why would a company be concerned about functional and behavioral classifications?

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Question Posted: Jul 24, 2012 02:30 AM

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What is meant by classifying costs (a) functionally and (b) behaviorally? Why would a company be concerned

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Functionally classifying a cost refers to classification based on the reason the co...View the full answer

Cost Accounting Foundations and Evolutions

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