Classification of Costs The following are the costs incurred by a printing company: 1. Print machine setup costs 2. Cost of complexity due to the number and variety of products 3. Costs to train new...

Classification of Costs The following are the costs incurred by a printing company: 1. Print machine setup costs 2. Cost of complexity due to the number and variety of products 3. Costs to train new printing staff in the use and safety features of the equipment 4. Ink 5. Customer service costs 6. Paper 7. Redesign of the print process to improve efficiency 8. Machine operation labor 9. Order taking 10. Purchasing and stocking paper and other supplies Required 1. Identify the above costs as (a) activity-based costs, (b) volume-based costs, (c) structural costs, or (d) executional costs. 2. Identify each cost as either a product cost or a period cost. 3. Identify which, if any, of these costs has a potential harmful environmental impact.