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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
I have a complex question, but I will try the best I can. I am trying to figure how I can relate the 25 items below to my real life which is the military. This has nothing to do with the class, but this will help me understand the material because the military is all I know. How do I relate this to the military no matter which branch of service.Â
1.    Variable CostsÂ
2.    Fixed Costs
3.    Sunk Costs
4.    Opportunity Costs
5.    Direct Costs
6.    Indirect Costs
7.    Controllable Costs
8.    Uncontrollable Costs
9.    Direct Material
10.  Direct Labor
11.  Manufacturing Overhead
12.  Selling Costs
13.  General and Administrative Costs
14.  Product Costs
15.  Period Costs
16.  Costs of Goods Manufactured
17.  Costs of Goods Sold
18.  Overhead Allocation
19.  Transferred-In Costs
20.  Equivalents Costs
21.  Mixed Costs
22.  Step Costs
23.  Contribution Margin
24.  Cost Allocation
25.  Standard Costs
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