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    Reason of distinguishing variable & fixed costs

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    Please help with the following questions. Provide at least 100 words.

    Consider your own company, or the company of your choice, and name at least 5 direct and 5 indirect costs that this company has. For each one, also determine and state whether it is a fixed or variable cost. Why is it important for a company to distinguish between direct and indirect costs? Why is it important for a company to distinguish between fixed and variable costs?

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    https://brainmass.com/business/business-management/reason-distinguishing-variable-fixed-costs-243986

    Solution Preview

    Problem: Consider your own company, or the company of your choice, and name at least 5 direct and 5 indirect costs that this company has. For each one, also determine and state whether it is a fixed or variable cost. Why is it important for a company to distinguish between direct and indirect costs? Why is it important for a company to distinguish ...

    Solution Summary

    The answer contains the reason for distinguishing between fixed cost and variable costs and also the examples of fixed costs and variable costs. It discusses why its important to distinguish the two. The explanation is given in 156 words.

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