The Budgeting Process

Compile a document or 1200-1500 words with the following requirements: Types of costs Explain what types of costs you plan on using to distinguish the different types of cabinets that will be produced. Examples should include direct costs items, indirect costs items, as well as variable costing. What are at least 5 types of expenses that are associated with manufacturing the cabinets? Cost accounting methods Explain how product costing is used for a cabinet division. Give 2 examples of how you will use product costing. Which costing method will you use for the cabinet division: Activity-based costing (ABC), job order costing, or process costing?

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