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Communication can be used to meet a variety of needs in everyday interaction. Explain why it is important that people use communication to meet their needs. Next, pick any two of the five needs that communication can meet. For each of those needs, provide a definition of the idea behind the need and be sure to identify how communication can meet that need. Finally, provide a clear, concrete example of an interaction that would satisfy those needs.
Variable Selling
Refers to the costs associated with selling a product or service that fluctuate with the level of sales activity, such as commissions and shipping charges.
Absorption Costing
A cost accounting methodology that absorbs all production costs, like direct materials, direct labor, and overhead expenses whether variable or fixed, into the final cost of a product.
Variable Costing
A costing method that includes only the variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.
Unit Product Cost
The total cost (both variable and fixed) to produce a single unit of product.
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