“Classifications of Costs” Please respond to the following:
- Diagram two to three (2-3) of the classifications for costs, and propose the value of each of these classifications in the production of the navigation system at VectorCal. Explain your decision for each classification chosen.
- From first the e-Activity, compare and contrast the manner in which VectorCal and the other businesses that you researched utilize cost principles. Specify which cost principles you believe to be the most and least important for any business, and justify your rationale for each.
Week 4 e-Activity
- Use the Internet or the Strayer Library to research articles detailing the ways in which businesses utilize cost principles, focusing on the various cost classifications that are used. Be prepared to discuss.
- Use the Internet or the Strayer Library to research articles discussingpredictions on various costs for different companies. Be prepared to discuss.