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Classify each cost as either variable or fixed with respect to the number of units produced and sold. Also indicate whether each would typically be treated as a direct cost or an indirect cost with respect to units of product

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The solution discusses cost classification, determining whether it is variable or fixed, as well as direct or indirect. The concepts are very well explained and easy to understand. The solution can be followed very easily by anyone who has some understanding of the concepts beforehand. Overall, an excellent response to the question. The attachment has all the answers.

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