Compare and contrast the cost of completing research, development and design of a product in the U.S., and the production of the product in China or India with the costs of completing research, development, design, and production of the product in the U.S.
Specify when the business functions of the supply chain may result in cost efficiency by production or assembly of the product in the U.S. Provide an example.
Examine how unscheduled costs that occur within a relevant range of normal activity for a company during the period can impact management decisions.
Analyze how the relevant range can also impact variable costs. Differentiate between the impact of variable and fixed costs on the relevant range. Provide specific examples of the impact of each cost on the relevant range.