ACCT140 W2 Dis

Overview

1. Create a new manufacturing business, including a name and location. In your initial post, present the following information for your business:
   • Name of business
   • Type of business
   • Location of business
   • Determine a product to manufacture
   • Cost classification - Determine the individual costs that your business would incur related to: (1) fixed, (2) variable, (3) direct, (4) indirect, (5) manufacturing overhead, (6) period, and (7) product
   • Include justification of cost classification
     
2. In addition, give an example of a business decision that would be helped by knowing a particular category of cost classifications, i.e. fixed/variable; direct/indirect; period/product. Explain how that cost category would be used to make that decision.