TYPES OF COST

EASY

100

This type of cost does not change even if production increases or decreases?

Fixed Costs

200

This cost changes proportionally when production increases or decreases?

Variable Costs

300

These are cost that can be directly identified whit the production of a product?

Direct costs

MEDIUM

100

This type of cost has both a fixed part a variable part?

Semi-variable cost

200

These are cost related to manufacturing the product?

Production cost

300

These are cost related to selling and distributing the product?

Selling Cost

HARD

100

These are cost related to the administration and general operation of the company?

Administration Cost

200

These are cost that cannot be easily identified whit a specific product?

Indirect Cost

300

Which cost includes daily business expenses but is not directly tied to production?

Operating Cost