MBA - Main - Set 10

TYPES OF COSTS EXERCISE

Instructions: This exercise will provide you the opportunity to provide an analysis of types of costs within the Week 2 Business Case project you selected. Again, copy and paste your Business Case below.

Next, you will fill in each of the sections in the table below. For each cell provide a 1) brief definition of the type of cost, 2) identify a specific resource cost within your project that fits this type of cost and then 3) explain why this cost fits the definition.

Business Case:

Fixed: 1. 2. 3.	Variable: 1. 2. 3.
Direct: 1. 2. 3.	Indirect: 1. 2. 3.
Recurring: 1. 2. 3.	Nonrecurring: 1. 2. 3.
Regular: 1. 2. 3.	Expedited: 1. 2. 3.
Internal: 1. 2. 3.	External: 1. 2. 3.
Lease: 1. 2. 3.	Purchase: 1. 2. 3.
Labor: 1. 2. 3.	Material: 1. 2. 3.
Estimate: 1. 2. 3.	Reserve: 1. 2. 3.