Concept of variable costs and fixed costs


Response to the following problem:

Many of the concepts in managerial accounting were first developed for the manufacturing environment. Do you think these concepts, such as variable costs, fixed costs, mixed costs, and job order costing, can also be applied to the service industry? Why or why not? Focus on a particular service or service industry and illustrate your position with specific examples.

Your paper should :

Be 3 to 5 pages in length, not counting the required title and reference pages. Your paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion.

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Cost Accounting: Concept of variable costs and fixed costs
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