question archive A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products

A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products

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A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products. The plant that produces the compound employs approximately 300 people. Develop a list of five different cost elements that would be fixed and a similar list of five cost elements that would be variable.

 

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