Give Two Examples for Each of the Four Types of Cost

question 24

Essay

Give two examples for each of the four types of cost classifications.
$\begin{array}{llcc} \text {Unit-level: } &1.\\&2.\\\\ \text { Batch-level: } &1.\\&2.\\\\ \text {Product-level: } &1.\\&2.\\\\ \text {Facility-level: } &1.\\&2.\\\\\end{array}$

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Definitions:

Natural Talent

Innate abilities or aptitudes that an individual possesses, often apparent from an early age, without the need for extensive learning or practice.

Learned Competencies

Skills or knowledge acquired through education, training, or experience that contribute to effective performance.

Goal-Directed Manner

Refers to actions or behaviors that are purposefully oriented towards achieving predefined objectives or goals.

Generation Y

Also known as Millennials, individuals born approximately between 1981 and 1996, known for their comfort with digital technologies and progressive attitudes.