Problem
i. In the context of your day-to-day business experience, make a list of the costs (at least 8 costs) you are responsible for or that affect your management decisions on a regular basis.
ii. Classify those costs as fixed or variable, manufacturing or nonmanufacturing, product or period.
iii. Provide an example of a managerial decision that was affected by some of the costs you listed. What was the effect?