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accounting

You are a consultant and need to explain to a newly opened manufacturing company the importance of allocating costs to a product. You will need to discuss direct cost, indirect cost, opportunity cost, and sunk cost to the plant manager. Which type of cost do you think is the most important to a company: direct or indirect cost? Of your chosen cost (direct or indirect), answer the following: Define the cost. Give a real-life example. Explain why you chose that cost, including advantages and disadvantages in your answer for both. Explain opportunity and sunk costs by doing the following: Differentiate between opportunity and sunk costs. Define both opportunity and sunk cost. Give a real-life example of each. Explain why both are important to a company. Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas: Responses to Other Students: Respond to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions: What did you learn from your classmate's posting? What additional questions do you have after reading the posting? What clarification do you need regarding the posting? What differences or similarities do you see between your posting and other classmates' postings?
You are a consultant and need to explain to a newly opened manufacturing company the importance of allocating costs to a product. You will need to discuss direct cost, indirect cost, opportunity cost, and sunk cost to the plant manager.
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Assignment ID
61545
Discipline
CREATED ON
13 November 2016
COMPLETED ON
15 November 2016
Price
$30
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16 November 2017
am04281499
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16 November 2017
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