(Answered) Question part 1 as eecs corporate business financial

Accounting

Question: Part 1: As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the company carries. Complete the following for this assignment:

• Review EEC's journal activity.

• Define and identify its variable, fixed, and mixed costs.

• Determine what affect a sales volume increase or decrease will have on unit fixed cost, unit variable cost, total fixed cost, and total variable cost.

View EEC's journal activity.

Part 2: As an EEC corporate business financial analyst, you must have an expert understanding of the various costing methods. Select 1 of the following costing concepts:

• Full costing or absorption costing

• Variable costing

• Target costing

• Life cycle costing

• Activity-based costing

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