Financial Analyst

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

• 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

Part 2

As an EEC corporate business financial analyst, you must have an expert understanding of the various costing methods.The costing concepts I chose is

• Target costing 

Respond to the following questions on the costing concept that you selected:

• Provide the definition of the concept.
• Discuss how and when the concept could be used by EEC.
• Discuss the advantages and disadvantages of the concept as it relates to EEC.