Importance of Cost Classification

exhibit problem-solving skills on how manufacturing and product costs influence financial statements. (CO1, CO2)
utilize and build excel skills necessary to develop, analyze, and evaluate data and regression analysis in making managerial accounting decisions.

importance of cost classification in decision making

General Instructions:
You will use excel to set up a worksheet with financial statements. Be sure to include a header to indicate the assignment you are completing, as described below.

what are the important basic requisites for classification of cost

 

Materials Textbook–Please Read All of This Section Edmonds,T.P, Edmonds, C. T., Edmonds, M.A., Edmonds, J.E., & Olds, P.R. (2020). Fundamental Managerial Accounting Concepts 9th Edition. New York, New York: McGraw-Hill.Bound text -ISBN 978-1-259-96950-8/ Loose-leaf 978-1-260-43383-8