as a group identify as many costs as you can and classify them according to the foll 665460

Classifying costs

Group Project

With a group of students, visit a local copy and graphics shop or a pizza restaurant. As you observe the operation, consider the costs associated with running the business. As a group, identify as many costs as you can and classify them according to the following table headings:

Cost

Direct   Materials

Direct   Labor

Overhead

Selling   Expenses