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For the Unit 4 Complete assignment, write a narrative essay (minimum of 1000 words) which addresses the questions and statements below. When finished, the essay should demonstrate a thorough understanding of the READ and ATTEND sections. A minimum of three scholarly sources are required, and all sources should be cited and referenced in APA format.
Identify and describe fixed, variable, and mixed cost behavior.
Distinguish between direct costs and indirect costs. Give an example of each.
Outsourcing is a major financial decision that companies rely on for adequate operation. Give reason(s) as to why a company would decide on outsourcing.
Refer to the Business Application Case in chapter thirteen (ATC 13-1 page 501). Identify some cost savings these companies might realize by reducing the number of items they sell or use in production.
APA 7TH EDITION FOR ALL SOURCES