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.
Understanding cost behavior is important for analysis and decision making. Cost can be broadly categorized as fixed, variable, or mixed. The way costs behave in relation to production drives pricing and cost estimation.
- Evaluate the behavior of fixed, variable, and mixed costs in a manufacturing environment.
- Elaborate on an example of each type of cost as applied in a manufacturing environment.
Communicate why understanding the costs you have chosen are essential in pricing and cost estimation.
Responses to Other Students: Respond to at least 2 of your fellow classmates with at least a 200-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?
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