Week 4 Discussion 1 Collapse
"Classifications of Costs"Please respond to the following:
- Diagram two to three (2-3) of the classifications for costs, and propose the value of each of these classifications in the production of the navigation system at VectorCal. Explain your decision for each classification chosen.
- From first the e-Activity, compare and contrast the manner in which VectorCal and the other businesses that you researched utilize cost principles. Specify which cost principles you believe to be the most and least important for any business, and justify your rationale for each.
"Other Costs"Please respond to the following:
- Determine the differences between overhead costs and G & A costs in the production of VectorCal’s navigation systems overall. Analyze the role that each of these types of costs plays in the long-term production of VectorCal’s navigation systems. Justify your analysis.
- Predict VectorCal’s direct labor cost, direct material cost, overhead costs, and G&A costs related to production. Next, from the second e-Activity, provide two to three(2-3) examples of companies with the same cost structure that you predicted for VectorCal. Speculate on what the cost structure of the existing companies bodes for the future of VectorCal.
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